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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 > no results today
View:
Post by wajac on Feb 08, 2022 10:05am

no results today

The release of a new video signals no results today and perhaps this week. Shareholders on this board would be well aware of the contents of the video but its release is important in getting the word out to a broader audience.

NFG is not the only company in the Central Newfoundland Gold District expecting assay results. But, like us, they wait. This morning NFLD issued a news release announcing that the sampling program at the Rodger's Cove prpoerty had concluded and they were waiting for assay results. And NFLD is one of many in the region.

The lab in Springdale must be inundated  with drill core and samples waiting for assays.. Remember it's the only such lab in Newfoundland and from what we know labs outside the province are in the same boat. Frustrating times for companies as they need results to help plan their next moves. Also frustrating times for shareholders who need to keep abreast of comany developments.

So patience is the key. We all believe that NFG has the goods. NFG believes it has the goods. If they didn't  they would not be constructing a new 25000 sguare foot giga shack here in Gander. They would be renting space.

So hang in there...it's all good.
Comment by Retiredgeo on Feb 08, 2022 11:29am
I disagree with your opening conclusion.  The AME roundup is an annual event planned long in advance.  The release of the video has no bearing on any release of results.  
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