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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 > Ask NFG Management WHY…..
View:
Post by nozzpack on Jul 18, 2024 9:34am

Ask NFG Management WHY…..

....They , if their intent to is wait for a buyout, they refuse to acknowledge the fact that Producers are valued up to 3 times greater than explorers , which is a quicker and far greater return than any putative buyout , without any evidence that NFG can be a profitable producer

...With the same caveat, why they prefer funding by continued equity dilution rather than from productive mining cash flows .

This is your future wealth .

Shoudnt you have a say in the direction that it should be taking not only to recoup your losses but to give you a solid fundamental basis for remaining a share holder.

Be forth right and assertive.

Let them know your discontent and demand to know if mining QWN is in their imminient ( 1 year or less ) strategic plans.

Its time our voices are clearly known to managent.

Get your dander up.

Send them your unimpeachable discontent ..
Comment by unclebobby on Jul 18, 2024 10:27am
NfG their phones should be ringing off the hook. People want to know what the plan is  , why  have they allowed and for what reason let the stock in a free fall of manipulation. Explain please!!!!!!
Comment by Evenkeel123 on Jul 18, 2024 11:15am
Ohhhhhhhhhhhhh, now you guys are waking up, after we have been telling you for MONTHS something is not right.   Come on guys, use the phone, use the email, and if you can, go in person next month and give them a piece of your mind.  All they can do is..........oh oh, cancel the meeting??  Who knows. EK
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