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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 > Question
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Post by joebar58 on Jan 27, 2022 8:57am

Question

Question for you more experienced followers of nfg, where do you see us in 6 to 12 months if the essay results start coming out with good numbers? I mean price wise.
Comment by Retiredgeo on Jan 27, 2022 9:52am
Hello Joebar58:  Hard to say.  It will depend on what they will find and where.  It will depend on the price of Gold and the appetite for gold stocks.  In my opinion, the status quo and expansions thereof should keep the price in the 7-10 range.  It will take something new to get the share price back to $13 - Queensway south?  a huge, mineralized breccia strata? a ...more  
Comment by DanWarren on Jan 27, 2022 9:59am
This post has been removed in accordance with Community Policy
Comment by joebar58 on Jan 27, 2022 10:57am
Thank you gentlemen for the response to my question. I took it that because of so many variables it is impossible to say where it can go. I guess that means I'll put off my retirement till the end of the year. Lol
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