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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 > Disappointed
View:
Post by AUSTIN48 on Feb 17, 2022 8:31pm

Disappointed

That Gold is at an all time recent high and we still lack news on an update from November 4th.
It is ridiculous that the sp remains stuck with Gpld on a run.
The company deserves a big fail for poor IR and lacklustre promotion.
Back to the shack for more cooking shows.
Comment by AlwaysLong683 on Feb 18, 2022 3:53am
I believe it's not going to be when news is released on the investigation's results or a truckload of assay results that will affect the share price (whenever that may be), it's going to be the news itself that affects the share price either positively, negatively, or status-quo, so whether such news was released last week, this week, or in the next couple of weeks, my expectation is ...more  
Comment by AlwaysLong683 on Feb 18, 2022 4:05am
Should add one more point to the above: I think a second key to how the share price responds to future news is how such news compares to market expectations. If NFG exceeds market expecations re. the outcome of the investigation or future assay results, the share price should get a significant bump. If NFG disappoints, the share price will likely fall further. If the results are approximately ...more  
Comment by Global1966 on Feb 18, 2022 6:04am
Well, NFG has over 30,000 metres of core to report on, so there should be plenty of gems in that lot. I.m looking for extensions to depth and width for Keats, Golden Joint and Lotto plus hopefully a surprise on the JBP fault. And we know there are new veins and breccia to investigate on Keats which could be game changers.
Comment by goldanalyst on Feb 18, 2022 9:28am
Agreed. With all that drilling updates should have been forthcoming with regularity. Unfortunately that has not been the case. They may be holding some back so that their friends can do another PP at these cheap levels. Same with LAB, NFLD. No recent results. Good news is we should have lots coming to market in a terrfic environment for gold. We could get a huge re-rate if results are good.
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