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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 > Question
View:
Post by unclebobby on Dec 28, 2024 2:07am

Question

Question is = Will NFG  be the super star of 2025,
Comment by nozzpack on Dec 28, 2024 10:21am
Super star is usually a 10 bagger. I hold, enroute, 4 of these . A 5 bagger is certainly possible . That will require early cash flows from asset monetization via gold production in 2025 or by acquisition Ancillary booster from unlocking hidden value contributing nil value to the current market cap. I refer to Spinout of a NewCo to shareholders which would include QW Sourh , along with Some ...more  
Comment by suregold2 on Dec 28, 2024 12:11pm
I think the Rohm target price of $12.94 CDN is interesting in that they have arranged or participated in some very large deals recently. CK admitted to me in an email that a financing is inevitable in 1st half of 2025. They will be completely out of cash (and I mean COMPLETELY) by end of 1st quarter. Clearly that cannot happen and financing will occur in 1st quarter, probably by Februar 15. Common ...more  
Comment by nozzpack on Dec 28, 2024 12:29pm
Thank you for that information. CK remains CEO only by ES fiat. ES knows and has made clear , that with perhaps the highest grade shallow gold discoveries anywhere in the world, with concomitant very low cash costs, it does not take much production to high light the world class productivity of QWN. Thats what is now missing in our suite of valuation  parameters. It did the trick for ...more  
Comment by 1condor on Dec 28, 2024 6:42pm
Looks like a lot stars need to align early next year? Tempting to short again but then again I have already soaked this company from a previously short play. I would strongly suggest you all have a plan B for the new year as getting those stars to line up will be quite the feat.
Comment by Ork on Dec 28, 2024 8:49pm
yea CONDOR U luved it at 2.80-almost there laddie U gonna buy?
Comment by Dixiedee on Dec 28, 2024 10:56pm
You should short it your so sure about that if you have the guts to put your money where your mouth is that is.