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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

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Post by BuccneerIslnd on Aug 30, 2022 9:49am

Eh ST

You need to shape up. A 57$B market cap for a 4500 tpd producer?

Show me a minco that can do that and I will wear pink panties.


Know nothing.




Bucco
Comment by surething1111 on Aug 30, 2022 11:23am
Bucco, Go back to your Economics 101 book and do some reading in chapter 11. Learn a little about intrinsic value.  Something about future earnings, long term dividends, share buybacts etc.  Without it most oil companies would be worthless.........but we both know that NAV is a paper exercise don't we. Nfg future market cap may not be 57 Billion, but 12- 15 is certainly in the realm ...more  
Comment by BuccneerIslnd on Aug 30, 2022 11:54am
Go back to your Economics 101 book and do some reading in chapter 11. Learn a little about intrinsic value( Are you going to lean me something I dont know ST? I cant wait).  Something about future earnings, long term dividends, share buybacts etc(righto but if you have a mine and if you earn money then it still wont be for 10 yrs and you will be long gone by then ST).  Without it ...more  
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