New Found Gold Corp V.NFG

Bullish RSI 📈

[bull_runz]

I lucked out with my timing of the Bottom :)

[bull_runz]

This makes me want to hold ;) https://www.nasdaq.com/market-activity/stocks/nfgc/institutional-holdings

[Evenkeel123]

Hey bull, and you watch, if the stock price appreciates a bit, how many of them close out their positions and leave you holding the bag, again.  They play the game because they know how, and you play your songs of hope and wishful thinking.   Do you think any of them give a hoot about you?  A bank is not your friend.  They are friendly enemies. EK

[bull_runz]

Best Estimate for Gold Holdings: New Found Gold Corp.   Based on publicly available information, New Found Gold Corp. is a mineral exploration company focused on gold and other precious metals. While the company does not publicly disclose its exact gold reserves or resources, we can infer some information from recent announcements and reports.   Recent Developments:  

[bull_runz]

I like Nozz's 15M Ozs better.  Keep in mind how deep we can go ;) Mponeng Gold Mine 4 km deep gold mine in Gauteng province near Johannesburg, South Africa Located in Gauteng province, near Johannesburg, South Africa, Mponeng Gold Mine holds the distinction of being the deepest gold mine in the world. It plunges an impressive 4 kilometers (2.5 miles) below the Earth’s surface

[nozzpack]

The sheer number of holes they have drilled For Queensway should make the napkin math estimate of 5.6 million ounces at a cutoff of 0.3 grams a solid estimate . With an order of magnitude less drilling, Napkin math was spot on the PEA estimate for SGD and also Freegold. Great Bear PEA based on 6.5 m ounces , had a NPV of $3.3 billion which Prorata would suggest Queensway has a NPV of about $2.8