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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 > Good Post
View:
Post by TheGreekGoldGuy on Apr 20, 2024 2:24pm

Good Post

E.K. will not enjoy this.

@ikebalinski Note that the gold mining stocks still have not provided any leverage to the price of gold. In fact, in the first quarter they did not even keep pace with the increase in the price of gold. With gold up 8.1% in the quarter, the gold mining indices were up 2%. Typically, gold miners provide 2x to 3x leverage in terms of returns; so with gold up 8%, the miners would typically have been up 16% to 24%. This supports our thesis that the miners are still undervalued and are going to mean revert with a vengeance as this bull market in gold continues. The gold mining shares have a long way to go before they reflect fair value.


GGG here, patience is the name of the game.
Comment by Evenkeel123 on Apr 20, 2024 3:25pm
GGG - patience belong in hospitals and doctor's offices. Buy producers, make money.  Simple.  Ike, your sidekick who loves to post about anything and nothing, enjoys being read, likes a pat on the backi,  and that's about all.   EK
Comment by TheGreekGoldGuy on Apr 20, 2024 4:05pm
E.K. your continuos detractions and ridiculous attacks on other posters has become  boring.  GGG here, but you still make me laugh. Why are you here?  You don't seem to get respect from anyone other than your pals, the  the Buccos. 
Comment by Evenkeel123 on Apr 20, 2024 4:21pm
The GGG has become boring, attacking truth from people who see what is going on, while you close your eyes and don't bother to see even the fundamental nonsense.  If you call towing the line and posting the ra ra stuff respect, then carry on and you can all cuddle up together while the this lifestyle company takes your wallet to the cleaners.   Don't forget to do your DD ...more  
Comment by TheGreekGoldGuy on Apr 20, 2024 5:37pm
So now, the GGG is attacking the truth from Evenkeel, Bucco and Crux, LOL.   GGG hdere, he is happy to attack any detractor posting nonsense. Why are they here?
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