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News Focus
Northstar Gold Signs MOU with Hunan Nonferrous Ltd. to Develop Gold Resource (click to learn more)
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Bullboard - Stock Discussion Forum New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

Metals & Mining Gold
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 > Who Should Never Buy US OUT
View:
Post by nozzpack on Aug 01, 2024 8:48am

Who Should Never Buy US OUT

They are the five largest gold stocks.

Why?

5 year ROE of just 6%.,...hardly covers inflation

Who wants to risk their money on just  6% ROE.

Not me.

Aint gonna change my lifestyle .

Besides, the more they acquire, the more bloated the float and the shower the capital growth.

Whats your investment Thesis ?

So why invest in these debt slave Biggies
Comment by nozzpack on Aug 01, 2024 8:49am
Oops ?...forgot the link https://www.forbes.com/sites/investor-hub/article/best-gold-stocks-buy-now/
Comment by chimchurry on Aug 01, 2024 8:56am
6% is a hell of a lot better than down 72% in 3 yrs knob.
New Found Gold Corp
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