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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 > Sprott and son
View:
Post by Gangsterme on Sep 02, 2023 4:50pm

Sprott and son

Over the last month and a half they have spent around 5 million dollars buying more shares. Are you as comfortable with NFG as they are? 


I am!

Comment by Retiredgeo on Sep 02, 2023 5:57pm
NFG is a great long term hold but first we have to get past this brutal market malaise.  Commodity prices are reasonable but the market just doesn't care about the explorers any more!  I wonder if Tesla has started a trend by investing in it's own commodity suppliers.  Maybe others have to do the same??  The old system seems broken!
Comment by UpWeGoo on Sep 02, 2023 7:42pm
This post has been removed in accordance with Community Policy
Comment by Evenkeel123 on Sep 03, 2023 11:54am
Maybe Ackerman has his thumb on the pulse of what is to come.  https://rumble.com/v3e9tnp-deflation-and-barter-economy-coming-rick-ackerman.html EK
Comment by lionelmac on Sep 03, 2023 12:57pm
This post has been removed in accordance with Community Policy
Comment by TheGreekGoldGuy on Sep 03, 2023 2:57pm
So E.K. do you and Bucco put your money where your mouth is and buy Mr. Gloom and Doom mareket letter?  https://www.rickackerman.com/ GGG here, He will be right eventually, but meanwhile he is raking the money in with his rhetoric. 
Comment by nozzpack on Sep 03, 2023 2:25pm
Not really, although the political situation has been a major factor in investors willingness to invest. This was a classic Sell in May and Go Away. Compounding that is that  the summer is a seasonally weak season for the POG . Typically, it begins to strengthen in September with Q4 and Q3 being seasonally very strong. Sprott recognizes and buys during this weak period . He will do quite ...more  
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