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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 > NFG: oversold and ready to rebound! Relative strengh at 25!
View:
Post by Royal10 on May 12, 2022 10:13am

NFG: oversold and ready to rebound! Relative strengh at 25!

The last time this happened was in December 2021. NFG rebounded from $6.75 tp $9.50 in the next 3 weeks! Don't  forget that in the last 35 years, gold low seasonality takes place in mid-may!
Comment by megacopper on May 12, 2022 10:47am
  Yes NFG should rebound off these near 52 week lows in the near future. It's unfortunate that we are back at these levels but the market is very unstable these days. Good buying opportunity for anyone looking at an entry point or thinking of buying more. GLTA
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