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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 > Spin spin spin
View:
Post by Dixiedee on Apr 21, 2024 12:28pm

Spin spin spin

No matter how you try and spin your bad investment in maritime nozz and trying to shed bad light on NFG because you want them to save maritime it isn't going to happen until NFG deems it beneficial to them and if it isn't beneficial to them they will not save them so move on .
and your compensation statements not sure where they come from but the majority of the managements compensation has been in shares and options I haven't looked at the financials in awhile but if I recall 2019 was zero cash compensation and going forward most of compensation was shares or share options please stop to trying muddy the waters and if you are going to post please try and not spin it to your negative narrative and just give the facts and proper breakdowns of facts so we can see what is really happening not what you want us to think is happening 
if maritime is so great why is it .04 and struggling to not delist just because they need NFG doesn't mean NFG needs them at this point .You should make a case for maritime on its merits alone and then send it to NFG for consideration rather than trying to tear down NFG because they haven't bought into using maritime at this point
Comment by TheGreekGoldGuy on Apr 21, 2024 12:54pm
Good points Dixie, maybe if the .04 Maritime Resources actually had a CEO worthy of a higher salary, the share pricxe might benefit. the same could be true for the .05 Fathom Nickel, the .04 Sokoman Minerals, the .09 Delta Resources and the .06 Exploits Discovery, among numerous others. The GGG has no concerns regarding the $3.68  New Found Gold and the .28 Nevada King Gold, both companies ...more  
Comment by nozzpack on Apr 21, 2024 6:11pm
I am up 50% on my Maritime investment and expect a 10 bagger. NFG have no choice but use Maritime mills  if they wish to early produce QW. Otherwise, QW will be a stranded gold Resource facing a 10 year wait and a $Billion or more in debt or equity along with regular equity dilutions along the way. So, Maritime is critical to the development of NFG. Unlike Firefly Metals, NFG has little ...more  
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