New Found Gold Corp V.NFG

Goldman gold to 2700 early 2025

[Dixiedee]

Goldman https://www.kitco.com/news/article/2024-09-03/gold-hit-2700-early-2025-amid-softening-cyclical-environment-goldman-sachs

[Retiredgeo]

Interest in gold has spilled over into the big miners, somewhat into the mid-tier miners and as far as I can tell it hasn't touched the junior explorers yet.  I think Eric got it right when he said "no one reads press releases any more".  I am reminded of the oil industry after the oil crash of 2014 when no one cared.  I remember Baytex bottoming out at $0.30 in 2019.

[1condor]

It wont matter for NFG...have you noticed how the stock has continued to perform poorly even as gold rallied 2500. Can hardly wait to hear the excuses when this one dips below 3 bucks.

[Dixiedee]

gold is at new dollar highs but not inflation adjusted dollar highs that is when things will really get moving on everything gold 

[Evenkeel123]

People are buying real gold and real producers that make money.  I think this time it's going to be different with the junior exploration stocks.  It's going to be "show me" time.  If you can't put all the ducks in a row the way they should be, then forget it.  We have to remember that out of 1,000 startups only 1 or 2 will actually become something. 

[Dixiedee]

people who refuse to learn history repeat the mistakes of the past its differant this time really  I doubt it is different and tech not in bubble teritory do you remember the last big tech bubble they sounded just like you do now and then the air burst history has a way of repeating itself even for the ones who didn't learn the lesions of the past