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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 and gold price
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Post by Dixiedee on Sep 16, 2022 8:47am

Nfg and gold price

NFG price action should become less dependant on the current price of gold after all its the price of gold years from now is when they will be selling thier gold 
as a jr the gold price plays a part but drill results will play a bigger part at this stage .so any short term dips that maybe caused by gold volity should be taken advantage of by those that can and haven't filled thier full position yet
we will have lots of results coming out from now to January that I believe will continue to be outstanding as the previous results have been this project continues to grow daily with 14 drill rigs drilling daily and core samples piling up at the labs waiting to be tested 
for those that can get past the noise of the day and focus on the big picture here you will be greatly rewarded
Comment by BuccaneerBobbie on Sep 16, 2022 9:24am
Such conviction. I wonder if he will gaurantee anyones losses who buy at this price in the event the price drops instead of rises. Put your money where your mouth is pluck pluck. Buucco
Comment by braindeadoldguy on Sep 16, 2022 9:25am
This post has been removed in accordance with Community Policy
Comment by Goldziggy on Sep 16, 2022 9:31am
Results dont matter?? Thats the dumbest thing ive heard. Explorers can go up and do go up when gold prices go down with discoveries and results. Producers cant go up with gold prices going down. Very simple. 
Comment by braindeadoldguy on Sep 16, 2022 9:34am
This post has been removed in accordance with Community Policy
Comment by Dixiedee on Sep 16, 2022 4:41pm
  well Bdog we will have to agree to disagree I think the actual gold price effects the producers more than it does the jrs 
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