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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 > Wondering
View:
Post by voiseybayexpert on Oct 07, 2024 8:19am

Wondering

I'm wondering has any other gold company offered any info until all the drilling was complete.  Just wondering.
Comment by Evenkeel123 on Oct 07, 2024 8:22am
Yes.  Some companies offer progressive reports as they drill to show their shareholders what they are doing, how they are doing it, complete with maps and figures on every drill hole, good or bad. EK
Comment by 1condor on Oct 07, 2024 9:33am
Why is NFG in the low 3's while gold is near record highs? Of course the producers are continuing to move higher and thats why you want to holding the producers during gold bull markets. Always remember that bull markets end and where do you think the share price of NFG will be when that happens. Hint: think lower...a lot lower.
Comment by voiseybayexpert on Oct 07, 2024 2:51pm
You never answered the question, NFG is not a producer, we know that. Should they comment on how much gold they got when they are not finished drilling is the question . Try again
Comment by Evenkeel123 on Oct 07, 2024 3:00pm
Your original question was 'm wondering has any other gold company offered any info until all the drilling was complete.  Just wondering. I don't understand your question.  How can a company comment on how much gold they have when they have no clue themselves?   The best they can do is offer drilling results and you can guess from there. Kinda like Nozzpack does ...more  
Comment by voiseybayexpert on Oct 07, 2024 4:33pm
Well you are right.  why would they comment when they don;t haveq clue, I guess will come when drilling is completed.  
Comment by voiseybayexpert on Oct 07, 2024 4:56pm
Well you are right. WhyWould they comment when they don;t have a clue, I guess it will come when drilling is complete.
Comment by 1condor on Oct 08, 2024 10:11am
I see a lot of "speculative" chatter on this board about "potential" ounces. However very few seem to comment on the NFG shareprice at multiyear lows at the same time that gold is near all time highs. I find it so bizzare that those holding this stock are allowing a gold bull market to slip by while not benefiting from it (in fact most here are way under water and continue to ...more  
Comment by Global1966 on Oct 08, 2024 10:25am
It's not something that only applies to Nfg and Canadian gold stocks. In Australian media today it was reported that many good gold stocks are priced as though gold is $1900 US. Either the market is right or there is a lot of catching up to do with gold stocks globally. It will be interesting to see what happens when the gold price reaches $3000 US
Comment by alwil106 on Oct 08, 2024 10:36am
  1condor Have you considered it's the producers going up that is causing an outflow from the juniors to get oversold and once the producers get overbought  the pendulum turns in favour of the juniors, in NFG situation from having a stream of high grade results week after week to no news it got pounded to the downside, one good hit from direction drilling will send us back up to ...more  
Comment by DanWarren on Oct 08, 2024 11:29am
Excellent observation, Nozz.
Comment by 1condor on Oct 08, 2024 12:11pm
alwil106...you do realize that NFG is being played by traders? One good hit and a pop on the shareprice will only provide a little more meat for the traders to gnaw on. NFG is in a no-win situation and its best to move on and buy a producer (TXG is my choice).
Comment by unclebobby on Oct 08, 2024 1:29pm
Condor  why you here then
Comment by 1condor on Oct 08, 2024 5:14pm
unclebobby...why am I here? You have figured that out yet? My posts are a dead give away.
Comment by unclebobby on Oct 09, 2024 4:30am
Comment by 1condor on Oct 09, 2024 9:43am
Looking forward to the conversations on this board when NFG dips below 3 bucks.
Comment by Dixiedee on Oct 08, 2024 7:27pm
So go to TGG board and pump it instead of coming here and cutting down newfound gold and it's investors 
Comment by Dixiedee on Oct 08, 2024 8:04pm
The Txg site 
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