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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 > End of month selling is quite normal
View:
Post by shiftyone on Apr 30, 2024 5:05pm

End of month selling is quite normal

rebalancing.....

plus gold didn't look very good falling below the psychologically important level of $2300.

No one knows what will happen with the gold price in either the near term or long term.
Comment by unclebobby on Apr 30, 2024 5:24pm
It's  all paper trading  while the east  accumulate  India  and China  and loving it
Comment by shiftyone on Apr 30, 2024 5:30pm
And if you remember back in 2007... when the major indices went way down.  Junior stocks went down a whole lot more. Junior companies are considered more risky than blue chip.  So when the markets went down, the juniors were the first stocks to be sold.  And they sold off hard. It's an election year.... the US government will do whatever it can to keep the markets stable.  ...more  
Comment by Dixiedee on May 01, 2024 7:03am
End of month end of 1/4 some must lock profits their incomes are based on it each 1/4 
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