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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 time ahead
View:
Post by Patient1nvestor on Jul 31, 2024 9:49pm

Good time ahead

Share prices will surge significantly within the next six months, in my humble opinion. I'm offloading some of my physical assets in Australia to acquire more NFGC shares on NYSE. So, I will either retire rich early; or have to work for 20 more years, God willing.
Comment by Ziggyy on Jul 31, 2024 9:53pm
Look at the 3 year chart before going all in on this 
Comment by bull_runz on Jul 31, 2024 10:05pm
Member Since: July 27, 2024
Comment by Patient1nvestor on Jul 31, 2024 10:10pm
Thank you for your words of caution. But, buy the dips on valuable stocks hardly ever hurt in the long run.
Comment by unclebobby on Aug 01, 2024 4:35am
Would like it to go back to 2022  chart it' hit  more gold,  to $13. and change. This is going to be a  generational  mining  operation  and opportunity. 
Comment by DanWarren on Aug 01, 2024 9:00am
Charts aren't really germane to resource exploration stocks, which NFG is, until they get into production and producing cash flow. Dilution from raising capital is one factor  making charts less useful. Also, the manipulation of Short positions in many Canadian resource exploration stocks is another factor making charts less useful.
Comment by DanWarren on Aug 01, 2024 9:03am
And, fundamental news can overwhelm any chart patterns too.....all of these factors apply to NFG.
Comment by Evenkeel123 on Aug 01, 2024 9:12am
You mean it can go lower?  Every time there's news, down she goes.  Better forget about news, save your money, buy a producer, not a dream. EK
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