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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 > So folks, we did crack and hold over $ 5.00 yesterday.
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Post by bdog123 on Nov 02, 2022 1:38am

So folks, we did crack and hold over $ 5.00 yesterday.

We still have to play along with the FED interest game which plays into USD strength.  Until that dynamic changes, the gold sector is held in check.  It's hard to make money in the environment, but we know NFG has the goods.  It's either buy and hold and wait it out, or wait till the sector changes and find greener pastures, if you like trading.  

Of course, we are waiting for the company to put their cards on the table.  They have a lot of things to do.  It's not just about core results.  There is much more going on the background, I am sue, that we know nothing about.  

Bdog
Comment by Global1966 on Nov 02, 2022 3:12am
I imagine the Geo's at NFG know exactly what the 50,000 metres + of assays have in them as the results from Chrysos would already be in. Imagine knowing those results. What I don't  understand is why no Chrysos results have been released confirming the standard assay results.
Comment by Daisiedee on Nov 02, 2022 3:40am
Imagine knowing theres a lot less gold in them than what the market is hoping for.  Bit of a problem.    Daisie
Comment by bdog123 on Nov 02, 2022 9:04am
  Global, I wonder the same thing, but I think it has to do with vetting the system, still, and waiting for the announcement that Chrysos has been excepted.  Once they state that commitment in full in writing, then I think we will see those results published and away we go. bdog
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