Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

New Found Gold Corp. is a Canada-based mineral exploration company. The Company is engaged in the acquisition, exploration, and evaluation of resource properties with a focus on gold properties located in Newfoundland and Labrador, Canada. The Company holds a 100% interest in the Queensway Project, which comprises an approximately 1,662 square kilometers area, located about 15 kilometers (km... see more

TSXV:NFG - Post Discussion

New Found Gold Corp > Uncertainty
View:
Post by megacopper on Nov 05, 2021 9:14am

Uncertainty

This news has created uncertainty in the market. Investors are confused by this news. For most of us here we understand how the news will be very positive for the company however the average investor doesn't understand it. You would be amazed how many people have sent me messages asking what is going on with NFG's assay results? Is there some sort of problem? 


Stick May sell off a bit initially. Just my opinion.

Comment by wajac on Nov 05, 2021 9:27am
Yes, uncertainty makes investors nervous. Most likely there will be an initial sell off. But this excellent move by NFG will in the long term remove uncertainty.
Comment by likeike on Nov 05, 2021 9:46am
I am truely amazed by market reaction to some really good news. The market all too often just confuses itself with what is change. The change is for the better if some cannot grasp the technology. The bias in fire assay always unnerved me and always have been amazed how everyone accepted it as the gold standard just because there was nothing else out there. No question there are still bugs ...more  
Comment by BlueChipper2020 on Nov 05, 2021 9:56am
LIkeIke, the market oftern overeacts on blue chips also. I asked a geo I know and to make a long story short, he said this will pass and it is a lack of understanding and fear by some. I added 1500 shares in my US dollar account in the big early drop. This will be old news on Monday.  BC
Comment by likeike on Nov 05, 2021 11:17am
LIkeIke, the market oftern overeacts on blue chips also. I asked a geo I know and to make a long story short, he said this will pass and it is a lack of understanding and fear by some. I added 1500 shares in my US dollar account in the big early drop. This will be old news on Monday.  You da man BC ....it has reached the point of down right silliness. I too bought more at $7.78 and it ...more  
Comment by Spikearoo1 on Nov 05, 2021 9:41am
The way I  understand it is the gold is there its just that the 1/2 of the core that was submitted may have had higher grades then the other half and vice versa.  So nothing changes.  However, they should be grinding the whole core not half to obtain the grades drilled.   This seems like a stupid mistake and now we shareholders are going to pay for  it inthe short run ...more  
Comment by Gangsterme on Nov 05, 2021 9:44am
Sorry, but you are showing your lack of knowledge, this is the way drill core has been analyzed for decades. Who is dumb?
Comment by Spikearoo1 on Nov 05, 2021 9:48am
Doesn't mean its the right way to do it...the gold is not evenly spread in the core sample therefore the discrepatcy.  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities