New Found Gold Corp V.NFG

Explosive job growth

[Gangsterme]

Job growth up in USA, unemployment down, so US dollar up and gold down. 

For a change I can easily see the correlation. 

Now let see what happens to NFG, as this has absolutely no bearing on the value of the discovery. They will not be seeing gold in the near term nor will they be selling future gold production at the present day prices. Some of you, I am sure, do know that gold producing companies sell forward production. This is a way of hedging their costs and thus profits. NFG is a long way away from this. 

Quick question for you to think about.......Does the recent price changes in the price of gold have any bearing on the price 2 or more years from today? My short answer is none whatsoever. The price of gold will be determined by how the world is/has managing all the global economic uncertainties.

[tootall123]

(Job growth up in USA, unemployment down) If you believe this then you must believe in the Tooth Ferry.... GOLD IS KING...

[Retiredgeo]

Meaningful NFG gold production is 5-7 years down the road.  No one knows what gold will be then.   I am still awaiting follow up from their June 6 press release.  They have a broad zone of high grade gold just underneath the overburden where the KMZ intersects the surface.  Something like that can be mined out in a small way as a money pit.  Management leaves a lot

[Global1966]

Part time jobs up. Full time jobs down. People are forced to get multiple part time jobs to survive. Statistics can be interpreted however you want.