New Found Gold Corp V.NFG

Todays price

[Dixiedee]

Todays price was a reaction to the gold price dropping 80 plus dollars on the US$ strength and it's over reaction to a Trump win and a winding down of the trades that where betting on a Democrat win 
tomorrow and the days and weeks ahead reality and normalcy will set in . The lower price in Gold and Newfound Gold  should and will bring in a new set of buyers as we march forward in gold and Newfound Gold .Hoping to pick up so more cheap shares tomorrow but with the news coming out tonight that they are doing a resource estimate and PEA many maybe reluctant to sell at these bottom basement prices

[shiftyone]

Dixie, the price of gold did drop significantly today.  And NFG followed suit as it normally does. But, we can't forget or ignore the fact that gold is still at $2660 US.  Most would never have expected a gold price of $2660 US a year ago.  To go up so fast and steadily. And it is up over $1000 CDN in the last year, or 40%. So I guess I have to question whether the shareprice

[Dixiedee]

When there is a large move like we had today everything gold will go down with gold some have started to recover late in the day. No we cannot blame gold for Newfound Gold's decline in the last couple of years .There has been a number of factors at play .Gold's increase in value has mostly come from the Bric countries and some European countries and Asia the west has not participated yet