New Found Gold Corp V.NFG

This last $150 draw down

[goldanalyst]

will break all but the most ardent gold bug....it's the way it usually works.....only the strongest and those not on margin can withstand this kind of onslaught...tomorrow right on cue gold and gold stocks will start their mutli-year rise....and not a moment earlier.....the market will try to squeeze every last penny out of this draw down today....hang tight and prosper....we've offically retraced to the 50% fibonacci retracement level....$1915....I believe this level will find support for the day....but the damage has already been done to all but those who plan to hold for the longer term....not for the faint of heart~

GLTA

[megacopper]

  So will Thursday be our turning point. So for anyone that wants more cheapies today and tomorrow will be the time to buy. The price of gold and NFG will be heading higher after that in my opinion. She could dip below $7 cnd again by the looks of it. 

[braindeadoldguy]

This post has been removed in accordance with Community Policy

[megacopper]

  Yes these damn gold stocks can drive you absolutely bonkers at times. I am much more hopeful about things now with the recent positive drill results that NFG released. The Keats Zone has been extended to 845 meters down plunge and they are hitting more high grade gold above and below the main zone. All good in my opinion so the stock will go eventually. It's just a waiting game