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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 > Iceberg Research
View:
Post by jimmymac on Sep 20, 2024 11:03am

Iceberg Research

Now we finally know why the trading pattern recently has been on a downward slope.
This Iceberg effort is a hatchet job.
High grade mines are inherently irregular in their distribution  of the precious metal.
Iceberfg denigrates the rich and prolific Red Lake area, which has been  mined, (not by 
open pit), successfully for many decades.
Many promoters have a less than seemly career. Think Murray Pezim. Two of the richest
gold mines,in disparate areas of Canada.
Comment by Hideaway on Sep 20, 2024 12:20pm
Would it not be appropriate for NFG to issue a response to the Iceberg report .They should respond to each of the claims made in a clear and direct manner.Failing to do so will only enforce the numerous deficiencies detailed in the report.The point by point issues in the report are not minor,singular concerns and deserve a detailed response unless they are accurate.
Comment by Evenkeel123 on Sep 20, 2024 12:30pm
Denis responded on the other board by covering his eyes with a cartoon image.  Here is the point.  Everything, from what I read and know, is actually true, no refuting it.  What is the company going to say?   Man o man, if the evidence is in front of your face, then please take up the gauntlet and let management have it in the form of a legal letter requesting information ...more  
Comment by wajac on Sep 20, 2024 12:23pm
There is nothing new in this report. It has all been discussed before, most of it  on this board by the way. As to the report itself it is amateurish at best. Much of looks like a copy and paste  job. It repeats itself numerous times using slightly different language.  Interesting name though, Iceberg Research. What place comes to mind when you think of icebergs? Newfoundland, of ...more  
Comment by Spikearoo1 on Sep 20, 2024 2:26pm
It is interesting.  We all have our biases.  I do own several shares and down 30ish%. It is funny how we are blind when we have a bias.  It sure is difficult to see things sometimes. Anyhow, definately not happy with the performance and when does the company plan to announce the results of its trenching on Keats and Iceburg etc.   What about directional drilling results? ...more  
Comment by Hideaway on Sep 20, 2024 3:36pm
Spike, I'm in much the same position as you.If no news from nfg early next week,I will also sell some or all my shares.Even,as Danwarren states,it is all old news they should still issue a statement to satisfy shareholders who are concerned.
Comment by Hideaway on Sep 20, 2024 3:39pm
It was wajac's post,not Dan Warren.
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