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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 > Nervous investors
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Post by megacopper on Nov 26, 2021 12:13pm

Nervous investors

This new variant has the market freaked out. Markets sell off and gold goes up $25 but now gold has lost all of that and it's actually down $4 now. These markets make no sense whatsoever. Bottom line is investors are extremely nervous. Looks like the stock will tread water for a bit until we get some solid drill results and some sort of resolution with the labs and the discrepancy with the assays.
Comment by GGGsOldFriend on Nov 26, 2021 12:23pm
IMO, gold was intentionally manipulated down today to dampen enthusiasm for its status as a safe haven. I actually predicted this might happen this morning on another site. Specifically, I posted this at 8:35 eastern... "The timing is perfect. TPTB get a low volume, shortened, US trading day to paint everything just the way they want it, then the weekend to supplement with whatever spin they ...more  
Comment by Bigshot123 on Nov 26, 2021 12:32pm
Bigshot says he is very pleased to see someone post something that makes perfect sense. Well done. Bigshot is pleased.
Comment by megacopper on Nov 26, 2021 1:09pm
  You called it right. Total manipulation of the price of gold. 
Comment by likeike on Nov 26, 2021 1:40pm
This new variant has the market freaked out. Markets sell off and gold goes up $25 but now gold has lost all of that and it's actually down $4 now. These markets make no sense whatsoever. Bottom line is investors are extremely nervous. Looks like the stock will tread water for a bit until we get some solid drill results and some sort of resolution with the labs and the discrepancy with the ...more  
Comment by megacopper on Nov 26, 2021 1:58pm
    Yes we are cut off out here on the Rock too. TCH is washed out over by Port Aux Basques so they got the ferries going into Argentina now so we can still get goods to the island. We are cut off from the rest of the country often during the winter months for a few days at a time due to high winds and big seas so this is nothing new for us. Might take them a week to fix the TCH ...more  
Comment by likeike on Nov 26, 2021 2:18pm
Mega I do not remember a over $10 swing in the price of oil since the real shock and awe declared by Collin Powell. Are we at war again? Back wen Lilloet went up when we had 40 degrees plus for 2 weeks I was thinking of Johnny Cash too ......A burning ring of fire.  Guess we will have to start worrying about smelting gold soon or the real ring of fire.... one that gets us more than just ...more  
Comment by Kewl002 on Nov 26, 2021 3:02pm
If NFG gets 3 feet of water -- Sokoman can rent them their barge drill to keep the cores coming --  Newfoundlanders were born on the water (or is that an old wives tale)!
Comment by eldreco on Nov 26, 2021 3:12pm
So you can swim right? IKE Haha!  Years ago a very dear friend of mine, then living up in Haida Gwaii, experienced an earthquake...then got the Tsunami warning to move to higher ground.  So he tried to do this....but no way on God's green earth was his dog going to get into that truck.  He thought long and hard about this...he couldn't simply leave his best friend, now ...more  
Comment by megacopper on Nov 26, 2021 5:36pm
  hahaha. Great story. The Rock Doctor is taking it easy tonight. I almost killed him a couple nights ago on the booze. We are well above the flood waters and always have lots of food and booze at the camp to survive a very long time. Lol  So I'm off on my own tonight. Just checked the closing price of NFG. Very disappointed. 
Comment by eldreco on Nov 26, 2021 7:07pm
Mega, Thanks for this: hahaha. Great story. The Rock Doctor is taking it easy tonight. I almost killed him a couple nights ago on the booze. We are well above the flood waters and always have lots of food and booze at the camp to survive a very long time. Lol  So I'm off on my own tonight. Just checked the closing price of NFG. Very disappointed.  Am glad you enjoyed the story...I ...more  
Comment by goldstd69 on Nov 26, 2021 11:51pm
barring any news NFG will rise or fall on the fortunes of the gold price...and the gold market is under pressure by the outlook of rising interest rates and a rising USD....who knows...but I am worrying about gold pressuring more support levels...dyodd
Comment by DanWarren on Nov 27, 2021 9:08am
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Comment by braindeadoldguy on Nov 27, 2021 9:51am
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Comment by DanWarren on Nov 27, 2021 11:38am
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Comment by braindeadoldguy on Nov 27, 2021 12:12pm
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Comment by likeike on Nov 27, 2021 1:23pm
RE:RE:Nervous investors So you can swim right? IKE Haha!  Years ago a very dear friend of mine, then living up in Haida Gwaii, experienced an earthquake...then got the Tsunami warning to move to higher ground.  So he tried to do this....but no way on God's green earth was his dog going to get into that truck.  He thought long and hard about this...he couldn't simply ...more  
Comment by eldreco on Nov 27, 2021 3:20pm
Hi Ike, Good questions!  I first visited the Queen Charlottes as a naavy in the mid 70s.  That was what the islands were called then - and that was the name on the charts in the wheel-house.  But things change - and ten years later, by the time that I came to work with some of the Haida, they had acheived a level of political automony...and the name of the islands had changed to ...more  
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