Bullboard - Stock Discussion Forum New Found Gold Corp V.NFG

Alternate Symbol(s): NFGC

Metals & Mining Gold

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

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TSXV:NFG - Post Discussion

New Found Gold Corp > Market apathy

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Post by Retiredgeo on Mar 06, 2024 3:07pm

Market apathy

Market apathy sent NFG down to $4, SGD down to $3.95 etc etc etc. None of this was company specific. Market apathy is ever so slowly begining to dissipate ($2140 gold is helping a lot). Unless there is a sharp correction in gold NFG should be back to $6 by summer.

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Comment by Dixiedee on Mar 06, 2024 4:41pm

Or after the next press release

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Comment by nozzpack on Mar 07, 2024 6:55am

That's not quite so. The Special Charity FT announced in October when the share price was in the $6 range was predicted at that time, the selling of which ...due to its discounted value..to drive the share price to $4 which is exactly what happened . It was a huge Xmas gift to the shorts but shafted ordinary buyers. Once again, it showed that managements priorities were aligned with the ...more

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New Found Gold Corp