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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 > We have officially entered the next stage
View:
Post by Dixiedee on Jan 20, 2025 8:53am

We have officially entered the next stage

We have officially entered the next stage 
and it wasn't because posters here bashed Ck he is gone because we have moved to the next stage 
and if you look at what he is doing at pali you would see he was developing other projects to consume his time this has been in the works for months .
For these changes to occur the company must be very confident they have the gold resources 
they now have the talent in place to make a deal to sell out have a buy in or go into production themselves these changes have nothing to do with board critics here CK and DL where  replaced because we have entered a new stage that called for different talents and expertise and for anyone who has been in this space before knew this was going to happen at some point the fact that it has happened before the MRE and PEA are released tells me they are very confident in the outcome of the 
MRE and PEA
Comment by GoldenOrb on Jan 20, 2025 9:39am
I agree in part, with the exception that actually CK & DL did  not receive the votes to sustain their mediocrity.  We can all thank E. Sprott for his decisive insistance on dynamic change required to lift NFG up into the lime-light of extrodinary concessions.
Comment by Dixiedee on Jan 20, 2025 9:54am
Eric has 18 % of the shares but he also has influence on the 14 % he gave to his daughters 7% each in his estate planning plus influence on a large number of stake holders so yes he has a huge say on which way we go  and the quality of talent  this company can attract but the change is just the next step to entering the next stage but let's not forget 20% of the NFG shares are ...more  
Comment by MadInvest on Jan 20, 2025 10:16am
Good assets that are undervalued eventually get new mgmt.  And that's exactly what's happening - new board, new chair and now new CEO.  Next would increased be increased marketing/presentations and MRE and PEA.  Stock should appreciate significantly from here as long as all the deposits are independently verified and found economical.  I personally have no doubt. It ...more