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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 > Bought the dip
View:
Post by Dixiedee on Aug 01, 2024 12:56pm

Bought the dip

Just added another 2200 shares 3.64
Comment by 1condor on Aug 01, 2024 1:21pm
Dixiedee...do you understand what you are doing??
Comment by Ziggyy on Aug 01, 2024 4:11pm
Its called trying to catch a falling knife 
Comment by Dixiedee on Aug 01, 2024 5:34pm
I do understand what Iam doing iam building a large position in newfound gold  it is extremely undervalued asset at the moment  it has amazing drill results has found in excess of 30 zones is in an extremely good jurisdiction  has very good infrastructure in place  has one of the best exploration teams in the business has very supportive key investors .I see extreme value here ...more  
Comment by Ziggyy on Aug 01, 2024 5:39pm
How is it undervalued? According to who? Market is saying its worth 3.65$. They have found 30 zones and defined zero. They should have drilled out the top zones to get a resource but they spread themselves too thin and now cant even do an mre on any of the zones. 
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