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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 > We need something big to catapult the share prices into sky.
View:
Post by Patient1nvestor on Oct 21, 2024 1:57pm

We need something big to catapult the share prices into sky.

It is just a matter of time, BRICS brings out its own currency, which will accelerate the process of the USD losing its status as the world's reserve currency. However, this kind of external factor will only ever push up NFGS's share prices by a few percentage points. We need some internal factors to catapult them much higher into the sky. It is just a matter of time when these are going to happen - it could be days, weeks, months, or even years.
Comment by nozzpack on Oct 21, 2024 2:29pm
That is correct. The only two internal events that will catapult the share price several multiples is early mining which converts us into the higher valuation multiple of a producer as fund raising by equity can be eliminated ,or a buy out . As for the latter, a cheap buyout would still leave some shareholders underwater. After 550,000 meters of drilling, you would think that a decision on early ...more  
Comment by Patient1nvestor on Oct 22, 2024 6:46am
What do you think has caused this significant delay? Even if C.K. is absolutely incompetent, he has several people in the team, including at least two exploarion geologists, namely C.O.O. Greg Matheson; V.P. of Exploration Melissa Render; and Chief Development Officer Ron Hampton, these three senior people cannot all be so naive, ignorant, or grossly incompetent, can they? Moreover, Chief ...more  
Comment by Global1966 on Oct 22, 2024 7:56am
Could be drilling duster after duster and unwilling to pull their heads out of the sand. Or, could be preparing the mother of all PR's for release. Who knows but it sure is quiet from management
Comment by Patient1nvestor on Oct 22, 2024 9:36am
First of all, it is a criminal offence for the management of a publically-listed company not to release material information to the market in a timely manner after receiving the results, good ones and disarstrous ones. Secondly, even if the management has chosen to mislead the market by deliberately conceilling duster after duster results, disappointig outcome in the ongoing deep drilling ...more  
Comment by Evenkeel123 on Oct 22, 2024 10:25am
When someone is told that they better tow the line and that all responsibilities lie with the CEO, then you follow along in most cases.  You all know that CK has written news releases and statements that were ordered to be corrected by the powers that be.  Those are not dumb mistakes.  Are they miscalculated misdirection?  I don't know, but it gets to the point where you ...more  
Comment by DanWarren on Oct 22, 2024 9:14am
The volume in PALI after the resignation of the board of director member the other day may be another sign of something brewing? Why would the volume get so high on that news? Buying up the royalties Settling the Lawsuit with IDK Buying Up the Kingsway project Resignation of the PALI BoD member A Series of events that may indicate something, some event is percolating?...... I wonder if ...more  
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