New Found Gold Corp V.NFG

Not a bad day

[Dixiedee]

not a bad day wonder how the presentation went today was anyone there from the board to comment 
 

 

Account Balance Quote Order Status Charts Help

NFG(NEW FOUND GOLD CORP)				Real-time
$6.90	Bid: $6.80		Ask:	$6.92
0.18	Bid Lots: 10		Ask Lots:	9
	High: $6.98		Low:	$6.62
Last trade:	Vol: 205,644		Tick:	+
15:59 ET
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[DanWarren]

This post has been removed in accordance with Community Policy

[Dixiedee]

I was thinking it came in after the presentation this afternoon if that what spurred interest it should continue for the next couple days if gold holds up we could have a couple good days ahead 

[DanWarren]

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[Dixiedee]

I been to a lot of prospector conferences and they do create a buss and almost immediate action in some cases .They all go home and talk about what they seen and heard hopefully they where impressed 

[DanWarren]

This post has been removed in accordance with Community Policy

[Dixiedee]

I think the nfg website is excellent and full of great info including all the press releases 

[Kewl002]

I think it may also be wise to ensure that we are in sync with the objectives and timeframes of KC and ES. The company has ~$90-100M cash (depending on burn rate)but more $$$$ are not needed until 2023.  Corporate control is rock solid with only a small float for public consumption and KC / ES  are surely evaluating options. While we are "guessing"what those might be, ES seems

[Kewl002]

KC should be CK ---> sigh..............

[AlwaysLong683]

According to their website, NFG has a total of 87M in Cash plus Marketable Securities (i.e., shares and warrants in LAB, NFLD, NVO and Long Range which I believe is a private company). However, this 87M figure has been on the webpage for a while now, so I suspect the combination of ongoing expenses, no new equity raises, and the decline in value of the marketable securites since the last time

[DanWarren]

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[likeike]

Kewl002 I think KC is acceptable as KC and the sunshine band is a great analogy. CK is bringing us lots of sunshine in the form of gold. IKE

[1condor]

No matter what gold does it hard to escape a general market that is rollling over. NFG is going lower.

[Dixiedee]

Everything is rolling over not gold not today gold shares will play catch up buy the dips if you can 

[1condor]

There is no where to hide in a market environment that we currently find ourselves in. Almost everything gets taken down several notches. I have been looking to add to my position on NFG and finally the stock (which seemed glued at 7 bucks) is giving into the general market downdraft. Ideally I would like to enter below 6 (ideally around 5.50) and will continue to monitor closely.