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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 > The big disconnect
View:
Post by Retiredgeo on Dec 01, 2023 11:10am

The big disconnect

Gold just passed $2050 USD/oz yet all of the gold stocks are stuck in the mud!  It is not just NFG.
Comment by Flyder on Dec 01, 2023 12:11pm
Gold is flirting with all-time highs.  If it stays on this trajectory, and maintains new base-line highs, eventually it will reflect on deposits like this, and Snowline.  Eventually!
Comment by CheckingReality on Dec 01, 2023 12:25pm
Gold now at $2,060 and NFG goes down. Others like SGD and Newmont hardly budged. What is going on with this market???
Comment by 1condor on Dec 01, 2023 12:41pm
First...investors are being played like a fiddle holding NFG..they just dont know it (or wont admit it). Buy a producer...just look at TXG over the past 5 days. Your choice...hold a dog or buy a winner.
Comment by Rainmaker11 on Dec 01, 2023 12:50pm
$2081.20 on MarketWatch as i type
Comment by Rainmaker11 on Dec 01, 2023 1:36pm
we hit $2089 all time high so far    GC00 | Gold Continuous Contract Overview | MarketWatch
Comment by Spikearoo1 on Dec 01, 2023 2:15pm
My ELD, Torex and EQX are doing well... But very disappointed in NFG.  Everyone is still upset about the last financing.  I don't get it...they are using the money to push this project further with more drilling but the market acts like that is a bad move.  WTF?   So confusing.  Curious to hear anyone's technical analysis on the share movement.  Is a bear ...more  
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