New Found Gold Corp V.NFG

Gambling

[Retiredgeo]

Penny mining stocks are gambles.  They are high rish, high reward gambles.  The TSXV is a casino.  If you can't afford to lose you shouldn't being playing.  You are not going to win every hand.  If you are good you will win more than you lose.  I have lost many hands in my day but have made far more than I have lost so I'm still playing.

In my opinion NFG is a good long term gamble.  The amount of gold in the ground, the location and the escalating value of gold all favor the gamble.  Anyone who disagrees can sell and move along.  Bitter losers get shown the door.

[voiseybayexpert]

Good to see a coment without calling out someone, you are a refresh to the board, you alway make good coments,  someone is selling ice cream and can't say anything unless it is useless to the board. 

[Gangsterme]

That is also why do not bet on only one stock. one winner can more than make up for several losers. Will the price of gold and silver etc. continue up in coming week or, will there be some profit taking. I would not be surprised to see the profit taking occur at the start of the week, then hopefully the up trend will continue. Most commentators are forecasting further price increases. Bare in mind

[BladeMaster]

Agreed, this one however, a littlde different from the rest ~ when a Billionaire puts 30% of their net worth in a no name junior, it really raises some eyebrows I trust that ES has done his homework, and put a $250M to $300M bet on a play that he thinks is worth +10X And I"m willing to bet big on it... 

[Dixiedee]

Agree with you blademaster  NFG is the real deal lots of smart money in this one I also am betting big  on this one