New Found Gold Corp V.NFG

news

[itsjustme1]

No more news please.
Silly me thought more news would bump stock price. These latest drill results may seem great but in the big scheme of things are not holding the market cap, which got way ahead of itself. We need a homerun hit before we need to raise money again. They may seem flush now but I would think they are going through it quickly.
With a district scale land position, that means LOT'S of drilling to prove resource. I know there is still a lot left in this drill program but if the stock price keeps sliding I don't know if Eric is ready to throw the kind of money at it as he has in the past. He owns large positions in quite a few gold exploration companies. I am concerned about dilution
WTF just grand slam it already!!

[likeike]

You really are a born comedian itsjustme1....lol This is the part that really cracked me up but if the stock price keeps sliding I don't know if Eric is ready to throw the kind of money at it as he has in the past. you can't dream this stuff up in the real world.........I am concerned about dilution  ....ROTFL you gotta tell me what drugs you are on to even think this way. You

[itsjustme1]

You remind me of the frog in the pot, slowly starting to boil. Everything is just fine. Nothing to see here. LOL. Your cheerleading skills are second to none. GL

[AlwaysLong683]

itsjustme, I agree with your concern about shareholder dilution. While NFG may not have to raise money until the end of 2022 or perhaps even early 2023, I suspect they will also not want to let their cash on hand run down too low before another equity financing lest the share price continue to languish or fall even further such that they are forced to do a raise regardless of the circumstances at

[AlwaysLong683]

A few more noteworthy points:     Latest Financial Statements dated March 31, 2022:   - page 17 indicates that, as at March 31, 2022, there were approximately 14.2M outstanding options at a weighted average exercise price of 2.94 with a weighted average contractual remaining life of 3.46 years.   - page 19 states that, as at March 31, 2022, there were a negligible

[likeike]

You remind me of the frog in the pot, slowly starting to boil. Everything is just fine. Nothing to see here. LOL. Your cheerleading skills are second to none. GL At least I have something to cheer about and you remain someone with words without knowledge. I find your lack of sarcasm deeply disturbing. Darth Vader   IKE

[Retiredgeo]

There is a malaise going through the entire precious metals sector right now.  It is not just NFG.   You can blame Powell and his interest rate hikes. I disagree that the market cap got way ahead of itself.  If there is 3 million ounces at Keates down to 685 m plunge and half of that is profit NFG will be worth 3 billion CAD or $15 CAD/share.  We may get a maiden resource

[Dixiedee]

Well said I think we have much more gold than that but then so do you