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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 > Gold dropping now
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Post by megacopper on Mar 11, 2022 8:01am

Gold dropping now

The price of gold is very volatile of course with the conflict in the Ukraine and high inflation numbers causing huge swings in the markets. Gold is dropping again today. The long term upward trend is firmly in place so it might not have much effect  on the stocks. Who knows for sure. Crazy times.
Comment by AUSTIN48 on Mar 11, 2022 9:54am
Interesting how when Gold broke through 2 grand the share price didn't go up but when Gold goes down so doe's the stock obviously there is zero correlation between the POG and the stock.