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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 > A Scrooge Xmas for Shareholders OR…
View:
Post by nozzpack on Dec 11, 2024 3:22am

A Scrooge Xmas for Shareholders OR…

...do management have reserved a special gift announcement that delivers significant share price appreciation during the Xmas Rally ?

Its been a very tough year for NFG shareholders and unexpectedly so, as the POG has soared to record highs amidst very good drill results.

The AGM is next Tuesday .


What a great time to announce a major material development that transforms our forward perspective..
Comment by unclebobby on Dec 11, 2024 4:32am
Well Nozz let's hope Santa delivers 
Comment by Margin321 on Dec 11, 2024 6:44am
only thing on near term horizon would be some Iceberg Trench results. Resource estimate won't be done until April. 
Comment by nozzpack on Dec 11, 2024 8:12am
Not enough. Assay fatigue set in months ago..
Comment by MAKEITBACK on Dec 11, 2024 6:55am
The price of gold rises while the value of NFG falls despite fantastic drill results! The solution—-----Be a producer. Producers are benefitting tremendously from the high price of gold.  They could have bought Pointe Rousse for 6 million dollars and been raking in wads of cash by now. No more share dilution and all of the drill money they need. But no, they passed on that.  They ...more  
Comment by nozzpack on Dec 11, 2024 8:20am
Multiple missed opps to acquire a producer using equity when the share price was high . It comes down to lack of strategic planning and its disciplined execution . Rather, management has wasted well over $50 million on Junior moose pasture , spending shareholder cash as tho they were in Las Vegas while ignoring the reality of exploration which is to get to asset monetization as quickly as ...more  
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