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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 > Not too far from my call at $ 3.25. It will be interesting.
View:
Post by Evenkeel123 on Aug 02, 2024 2:55pm

Not too far from my call at $ 3.25. It will be interesting.

Do closies count?  Nobody thought it would drop this far, and I was lambasted and scorned all the way down to here, but guess what.  Here we are, where we should be as an exploration play that has no MRE, no proof of grades, no trial mine, no trucks lined up to haul ore, no nothing.  

We shall see how many years it takes to get permitted for their plans.  I think that is why they are stalled at this time.  Is direction is being choked by beurocracy?


EK.
Comment by Dixiedee on Aug 02, 2024 7:44pm
Give your head a shake we are down because the whole market is down we are down because gold is down when others have fear is the time to buy not run for the hills those of us with day powder have been waiting for this and enjoy buying cheap shares I liked it at 6.00 and like it even more at 3.49  if it goes lower I will back up the truck if it hangs around here Inwill nibble at it a few ...more  
Comment by Patient1nvestor on Aug 02, 2024 8:33pm
Well, Uncle Eric doesn't worry about the permits NFG has to acquire. If you are worried about permitting in Newfoundland, you cannot invest in any exploration company essentially anywhere in the world. The bottom line is there are plenty of long term investors of long traders actively buying at a huge discount the shares those with short sight unloaded. You can never sell no matter how low the ...more  
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