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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 > Market is determined to bash NFGC, regarless the results
View:
Post by Patient1nvestor on Oct 31, 2024 12:11pm

Market is determined to bash NFGC, regarless the results

Market is determined to bash NFGC, regarless of what results you show them. However, for how long? "Stock is a voting machine in the short run, a weighing machine in the long run."
Comment by nozzpack on Oct 31, 2024 12:28pm
Not a great test day, but indicative of my posit that the market is not impressed with more good assays or videos as substitutes for real operational change which might mean a new management team. It has been demonstrated beyond doubt that gold producers trade 2-4 multiples above gold explorers . The reason is obvious....capex for a mine is largely behind them ...and cash flows eliminate the ...more  
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