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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 > Exploits (Nfld)
View:
Post by Dixiedee on Jan 18, 2023 1:55pm

Exploits (Nfld)

https://stockhouse.com/news/press-releases/2023/01/18/exploits-geophysical-survey-indicates-appleton-fault-corridor-at-highly
 

this property borders nfg property Survey looks promising 
I come to the conclusion until the charity shares are sold we are in this situation of selling on any good 
news 4.90 should be the low before we get to moving higher 
Eric said it right that the investment firms should of lined up buyers for the charity shares from the charity's before releasing the offering this stumble is going to cost the management some creditbilty 
a very unfortunate misstep  by management on behalf of the shareholders 
management has an obligation to its shareholders to act in their best interest this definitely was not in the shareholders best interest unless you are adding at these ridiculously low prices

Comment by Retiredgeo on Jan 18, 2023 2:39pm
It's not just NFG.  The entire gold space/mining space is out of favor these days.  I do not know why.  Trying to find specific reasons why a specific explorer isn't doing well in todays markets is looking through blinders.  The entire sector will move up when the tide comes back.