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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 > Todays action all stock market related?
View:
Post by Thirdperson on Jan 13, 2022 5:26pm

Todays action all stock market related?

Lots of markets down.....with tech stocks hit the hardest.  The drop in price could be more market related then about this latest news release.  Thoughts?
Comment by goldstd69 on Jan 13, 2022 5:53pm
until we get more news I think the drop was due to gold correcting/pausing and the tech market weak...jmho
Comment by Global1966 on Jan 13, 2022 7:07pm
I am surprised the first Chrysos results aren't available yet. Allowing a week for Christmas break, it has been 3 weeks. This process takes as long as traditional assays
Comment by eldreco on Jan 13, 2022 8:17pm
Hi Global, Although correct, you might be being a little unkind here.  Consider how well these last two NRs were received in the last week or so.  At the same time, the specter of all this assay question still looms.  I should think that management is looking for a slightly better "window" to release these results.  They want to get back to business as much as we want ...more  
Comment by Stocks2Go on Jan 13, 2022 6:17pm
Today's NR was not bad. I believe expectations are running too hot right now therefore if a drill hole is not spectular, then some get disappointed immediately.  The other thing is that the markets are very fragile right now. The indices cannot just go up and up and up.  Personally I believe there are a lot of people ready to dump stocks quickly.  Not NFG but other big companies ...more  
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