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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 > Very light volume
View:
Post by Retiredgeo on Dec 01, 2021 11:19am

Very light volume

On the TSX:V 23,000 as of 11 AM. 

Everyone is waiting for the next batch of results and for the most recent drought to end. 

On October 25 they had 24,000 metres of drill core stockpiled.  They are probably near 30,000 now.
Comment by joebar58 on Dec 01, 2021 11:42am
You would think that they already have results from cores sent to Australia, it's been a couple of weeks. Are they opplicated to report them as they get them?
Comment by Retiredgeo on Dec 01, 2021 12:13pm
The short answer is No.  They have lots of discretion when it comes to the releasing of results.  Legally, they can't inform some investors before others but they can keep all investors waiting. Having shipped many rocks to Australia in my lifetime I know how difficult Australian customs can be.  I doubt New Found Gold got an exemption.  Could everything be stuck in a ...more  
Comment by joebar58 on Dec 01, 2021 1:15pm
Thanks for the info, maybe they'll hold off a couple of weeks then give us all a great Christmas present. 
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