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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 > Inflation numbers coming out on Tuesday
View:
Post by megacopper on Apr 09, 2022 7:43am

Inflation numbers coming out on Tuesday

My guess is we will have extremely high inflation numbers again on Tuesday. Hard to believe it won't be bad. The cost of everything has gone through the roof into outer space. I don't need the government bookies to tell me that. They are reckless with the truth anyways. Article below talks about the upcoming inflation numbers. We will have ignition on Tuesday and it will be the start of another run for gold and NFG. 


And did anyone notice how strongly gold finished out the week. Gold was range bound all week just like NFG. Hmmm So our trigger event could come as early as this week and gold goes on another big run and of course NFG will have more spectacular drill results sometime in the next couple weeks and up up and away we go. It's going to happen guys. Keep the faith. Too much negativity around here on the board lately. Rome wasn't built in a day. Lots of gold at Queensway and the price of the metal will be going much higher. Great things coming our way  I can feel it in my bones. Or maybe it's that raw cold easterly wind off the North Atlantic I feel blowing this morning. Lol



https://www.kitco.com/commentaries regarding /2022-04-08/Gold-rises-as-investors-brace-for-Tuesday-s-CPI-inflation-report.html

Comment by Retiredgeo on Apr 09, 2022 8:00am
There are lots of unhappy investors who want profits not promises.  Unfortunately, this is a multi-year story which is going to play out slowly.  It is hard to predict what will excite the market or when. I watched the dribble of retail trades yesterday.  For such an impressive story that was hard to take!
Comment by megacopper on Apr 09, 2022 9:31am
    Yes it is difficult to watch NFG trade sometimes but you know a lot of the gold juniors aren't trading much lately. The big gold majors like Barrick, Newmont and Agnico Eagle have all moved up strongly. Our time will come with the gold juniors. That money will filter down to the juniors, it always does eventually.  For now it appears a lot of the high risk money is ...more  
Comment by likeike on Apr 11, 2022 11:22am
Absolute gem Mega ......worth a reread but you should be more optimistic. IKE New Found Gold > RE:RE:Inflation numbers coming out on Tuesday New Post « Older Post View Thread Newer Post » View All Posts  4 +  Favorites  ...more  
Comment by AlwaysLong683 on Apr 10, 2022 12:12am
Retired, I agree - NFG will likely be a multi-year story unless they get taken out before then. The share price may rise signficiantly in the not-too-distant future, but I believe that will depend on meeting / exceeding the assay result expectations of those institutional and retail investors who hold the 50M+ (or 32% of) of total NFG shares outstanding as these guys do the day-to-day trading ...more  
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