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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 > All around a winner
View:
Post by Gangsterme on Oct 31, 2023 4:38pm

All around a winner

They, the company, managed to raise 56$ million in a market that is not favouring exploration companies, all the while doing this at approximately 20% or so above the recent share price.

And this has long term shareholders upset? Yes the price is down as some see this as a negative, I do not know why unless you are here purely as a spectator. Hey, they raised 56$million at a fantastic price for the company, Ask yourself, would you have purchased ATM shares at 7.25$ each so that they could continue with there program of defining this fantastic gold deposit. If you answered yes to the above then take this as a fantastic buying opportunity, or sell and please leave and invest elsewhere,
Comment by Stocks2Go on Oct 31, 2023 6:48pm
Great perspective my friend.  I could not afree with you more.  Bought a lot more today.  Today wasn't a TRICK....it was a TREAT Thank you
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