Bullboard - Stock Discussion Forum New Found Gold Corp V.NFG

Alternate Symbol(s): NFGC

Metals & Mining Gold

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

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TSXV:NFG - Post Discussion

New Found Gold Corp > Value of recent assay

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Post by Gangsterme on Sep 23, 2024 7:35pm

Value of recent assay

If instead of 300 gt it had been expressed as approximately 10 ounces per tonne and at todays gold price would be worth about 26,000US$ in gold value.per tonne.

. Would the price of the shares still be where they are today?

Today's announcement just shows how there is an open pit gold mine just waiting to be opened. The underground mine to follow.

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Comment by unclebobby on Sep 23, 2024 7:53pm

What loonicy how does a stock go down when they have massive strikes of gold

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Comment by Ragnartrading on Sep 23, 2024 9:01pm

They are sitting on one of the richest grounds on this planet. And they are proving it.. baby steps. I am adding to my position! That's NO BRAINER And that's that.

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Comment by Evenkeel123 on Sep 23, 2024 9:11pm

I think you are in good company. There are a lot of your kind here. That's a no brainer. EK

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Comment by Ragnartrading on Sep 23, 2024 9:17pm

I buy quality when it's hated and nobody wants it. I will sell it to you later.... When everyone will be jumping on this like a headless chickens. Godspeed

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Comment by eldreco on Sep 23, 2024 9:47pm

"Your kind" - well, you heard this from the Oracle of Oshawa...it must be true! The "no brainer" is how you feel comfortable in making such a ridiculous statement!

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