Bullboard - Stock Discussion Forum New Found Gold Corp V.NFG

Alternate Symbol(s): NFGC

Metals & Mining Gold

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

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Post by BuccteethBilly on Aug 30, 2022 7:25pm

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Ataloss1 Anyone here acctualy beleive gold should be anywhere near this price? I doubt it.. Is this company sitting on a crapton of easy to mine gold?? Yes.... So I'll just hold this and wait for the depression or hyperinflation that IS comming before Christmas. Let them piss around with the games. I know exactly why I bought gold and this company

Hyper inflation he says. Whats that going to do to the cost of producing the stuff. One sided logic. No clue. he thinks because gold moves up that all producers will be rolling in dough.

Introduction to Economics. The cost of producing anything over time is slightly above breakeven. Supply demand. Like cheeseburgers.

Billy