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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 > And finally, GGG and all longs
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Post by Evenkeel123 on Jun 28, 2023 10:37am

And finally, GGG and all longs

I don't hate this company at all, but it's time to put feet on the ground and go after this management team for real answers.  Something is not ringing right.  The so called high grades and the stock price do not match.  This stock should be north of $ 20.00 in the least.  Dont' blame the shorts.  It doesn't fly in the face of facts.  Everybody looks for an excuse.  Oh, gold is down.  Oh, the sector is beaten up.

One fact remains in the markets, in life, in all things.  That which is tops, which is the best, and is presented with facts and truth will always shine above the rest.  Sum-ting-wong, eh?

Go get em, tiger.  

Love - EK
Comment by wajac on Jun 28, 2023 11:34am
Ek, The share price is just fine. They have a market cap of a billion dollars which is high for a junior. Check out Marathon Gold. They have a proven resource in excess of 4 million ozs and are adding to it with their current drill program. They are trading at 0.76.
Comment by Retiredgeo on Jun 28, 2023 11:59am
It is not just the number of ozs in the ground, it is also the profit margin/oz.  NFG gold is very high profit gold.  Anyone who knows the Fosterville story knows just how profitable all of this gold will be.
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