New Found Gold Corp V.NFG

Assay results

[Gangsterme]

Like many, I am anxious to see more assay results. No idea if labs are slow and backed up or NFG is waiting on more results that  will have a significant impact on the understanding of a portion of the deposit, In any case we can only wait. 

We know this will eventually be mined and make lots of profit, still, it would be nice to have the stock price be more reflective of the millions of ounces of gold on this extraordinary large deposit. 

Gold price consolidation around 2500$. Many countries buying gold, last week Russia announced it would increase monthly purchases by 700%, or so someone claimed. 

Bottom line, inflation will continue to erode the buying power of the USA dollar so gold will continue to increase price versus the dollar. Canada is falling further behind in productivity, so versus the Canadians dollar NFG shares will assuredly increase. That is assured.

[nozzpack]

Assays are slow everywhere this time of the year . But that is not the problem . We have dozens and dozens of world class intersects above 300 meters. What we don't have is clearly expressed strategic direction as  to the goals being sought and when. Not a clue as to the timing of MRE or early test mining. Its just drill and drill again. Too little leadership, too many aged NewMont

[Paray99]

That is not the right view. It is better to get next batch of assays lined up to release when gold takes its run up... that will reward great.... just patience.... and will be paid..... but not in a day or two. This down turn is an accumulation process by big guys. Retail investors don't even understand it until the price overblown....