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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 > Paul Huet
View:
Post by osmosis on Dec 18, 2024 9:41am

Paul Huet

It is certainly very telling in the NR when they say that Paul Huet took two other companies to buyouts. If NFG had any inclination to mine this themselves, this says they've had an about face. To me it has ES fingerprints all over it. ES is the controlling shareholder, not just because of the shares he owns but the financial clout he carries. I'm glad to hear this news because it speeds up the whole process, whatever the end result is, let's get there sooner rather than later.
Comment by MadInvest on Dec 18, 2024 11:14am
If Eric Sprott is behind these board changes then the future looks much brighter.  Take a look at the performance of JAG after it made the low around $1.15 about a year ago.  It reached $5.80 in less than a year.  Why the comparison.  Well I heard so many similar comments the few months before JAG bottomed.  These 2 stocks are his biggest holdings and I'm sure he' ...more  
Comment by Global1966 on Dec 18, 2024 6:03pm
Without a plan with timelines to take this into production after the MRE/PEA, I don't think much will change. DL and CK have completely misread the game
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