Next 15 Share Discussion Threads

[whittler100] 10/5/2024 15:56

DEUTSCHE BANK with a note out this morning with a target price, for what it is worth, of 1205p. Possibly accounts for the rise from mid-morning + up on decent volume.

[johnrxx99] 17/4/2024 03:40

That's weird, the results RNS wasn't flagged in ADVFN but was flagged in Sharescope. As it so happened I missed most the share price downturn, so I'll buy back.

Was a bad day all round, AT. missed and AWE gave a profit warning.

[ggrantsu] 16/4/2024 12:09

very unfortunate day to be releasing results...whole market down and so anything which was 'in-line' suddenly became a substantial downgrade...

their buyback behaviour in last few months has clearly been done on price limit basis - assuming they are now continuing the limit will have been moved up to £10 (from £9) or potentially higher...

feels like wrong time to sell given the market today.

[elsa7878] 16/4/2024 11:58

Revenue hit forecasts and eps slightly ahead. Buy back extended (though it was hardly evident - as apparently the limit was set at £9).
Results on their website but no RNS - strange.

[johnrxx99] 16/4/2024 09:00

Out early in the day. Should have been results.

[stu31] 12/4/2024 17:32

Hardly anything is moving up as you would expect with this gold price..basically nobody believes in this rally..yet

[lageraemia] 12/4/2024 08:55

At some point this is going to have run to catch up the gold price action.

We know the geology is Fosterville type mineralisation. There is visible metallic gold in the cores. The economics/metallargy are amazing. It WILL be a mine and we've yet to see the first ramp of the Lassonde Curve.

[johnrxx99] 12/4/2024 04:37

Results next Tuesday 16th, perhaps someone thinks they will be above consensus in view of todays rise. Well I can dream :-)

[stu31] 11/4/2024 19:33

Diving Into the K2 Discovery with Melissa Render, NFGC VP of Exploration (TSX-V: NFG; NYSE-A: NFGC)

[wad collector] 11/4/2024 18:34

Moving to a 1 yr high. To belated answer your question, No I can't remember all the charts of all my holdings that predate company name changes!

[lageraemia] 10/4/2024 19:36

More extraordinary results. The potential scale of this company is monstrous.

[stu31] 10/4/2024 16:11

looks like you are as busy on this as me ;) he gets it back from the bitcoiners so alls fair in love and war

New Found Intercepts 17.8 g/t Au Over 13.5m, 27.7 g/t Au Over 2.7m, 12.7 g/t Au Over 4.6m and 1.23 g/t Au Over 47.2m at K2 Zone
April 10, 2024
Vancouver, BC, April 10, 2024 – New Found Gold Corp. (“New Found” or the “Company”;) (TSX-V: NFG, NYSE-A: NFGC) is pleased to announce the results from 51 diamond drill holes that were completed as part of a drill program designed to expand and further define domains of high-grade gold mineralization at the K2 Zone located 725m north of Lotto and 2.2km north of Keats West on the west side of the highly prospective Appleton Fault Zone (“AFZ”). New Found’s 100%-owned Queensway project comprises a 1,665 km2 area, accessible via the Trans-Canada Highway, 15km west of Gander, Newfoundland and Labrador.

17.8 g/t Au over 13.45m in NFGC-23-1986, 12.7 g/t Au over 4.60m and 1.23 g/t Au over 47.20m in NFGC-23-1997, 27.7 g/t Au over 2.70m and 3.26 g/t Au over 13.85m in NFGC-23-1647, 14.5 g/t Au over 4.50m in NFGC-23-1883, and 31.2 g/t Au over 2.25m, and 26.3 g/t Au over 2.05m in NFGC-23-1962 are just a few of the highlight intervals that occur above 200m vertical that were intercepted as part of an ongoing program designed to expand and further define a central high-grade domain within the K2 structure that now spans an area measuring 180m long x 90m wide.
K2 is a gold mineralized system made up of multiple structures and crosscutting vein orientations that currently has a defined mineralized footprint of 490m long x 395m wide. The gold mineralization begins at surface and has been drill-defined down to a maximum vertical depth of 250m (Figures 1-5), where it remains open and untested. Much of the gold at K2 is found in the “K2 Main” structure (shown in red in Figure 3), a low-angle gold-bearing fault zone starting at surface that dips 30-40° to the southeast which shares a similar dip to Keats West and strike to the Keats-Baseline Fault Zone.
Within the overall K2 structure, there are multiple domains of high-grade gold in addition to regions with gold mineralization concentrated over broad thicknesses, typically occurring near structural intersections or areas of structural complexity. A few examples include the aforementioned central high-grade domain, as well as the previously released “Stibnite Vein” (see purple highlighted vein in Figure 3), which is located 250m up-dip and has produced several notable intervals including 3.48 g/t Au over 25.30m in NFGC-23-1783 (January 31, 2024) and 4.50 g/t Au over 12.95m in NFGC-23-1303 (August 28, 2023).
Exploration drilling has also led to the discovery of a panel of thick gold mineralization located near to surface, a further 65m south of the central panel reported in today’s release, where highlight intervals of 3.75 g/t Au over 14.55m in NFGC-24-2010, 2.87 g/t Au over 15.35m in NFGC-23-1645, and 15.6 g/t Au over 3.05m in NFGC-23-1971 were intercepted. This panel covers an area that is currently 200m long by 60m wide and is hosted within a potentially folded and uplifted segment of the K2 structure that is sandwiched between two crosscutting gold-bearing faults. Additional notable intervals that further define this domain include 1.27 g/t Au over 19.80m in NFGC-23-2004, 1.71 g/t Au over 15.65m in NFGC-23-1951, 2.79 g/t Au over 11.60m in NFGC-23-1962, and 16.0 g/t Au over 2.50m in NFGC-23-1986.
Additional infill results included in today’s release were completed in the up-dip, close to surface segment of the K2 structure, aimed at extending mineralization to surface. NFGC-23-1650 intercepted 4.03 g/t Au over 4.35m, 3.23 g/t Au over 9.80m, 1.82 g/t Au over 9.70m and 7.85 g/t Au over 4.75m and is 43m down dip of previously reported interval of 8.69 g/t Au over 12.25m in NFGC-23-1786 (January 31, 2024).
Melissa Render, VP of Exploration of New Found, stated: “K2 is an expansive and complex structure with a sizeable associated damage zone. Our growing understanding of this evolving zone has led to better targeting of high-grade domains and allowed us to expand on them and look for new areas that either were overstepped or found outside of the prior drill footprint. Recognizing the significance of the Glenwood Shear Zone has proven to be another important revelation, where K2 seems to have developed between it and the AFZ. This relationship is likely an important one to understand and opens the possibility that the Glenwood, like the AFZ is another conduit for channelling gold bearing fluids. Exploration will continue in the greater K2 area, both looking to extend K2 to depth, in addition to looking below it and adjacent to the Glenwood Shear Zone. Follow-up drilling is also planned on several interesting gold-bearing fault zones that were identified during our reconnaissance grid drilling program completed on the west side of the AFZ.”

Queensway 650,000m Drill Program Update

The Company is currently undertaking a 650,000m drill program at Queensway and approximately 3,600m of core is currently pending assay results.

About New Found Gold Corp.

New Found holds a 100% interest in the Queensway Project, located 15km west of Gander, Newfoundland and Labrador, and just 18km from Gander International Airport. The project is intersected by the Trans-Canada Highway and has logging roads crosscutting the project, high voltage electric power lines running through the project area, and easy access to a highly skilled workforce. The Company is currently undertaking a 650,000m drill program at Queensway and is well funded for this program with cash and marketable securities of approximately $53.6 million as of April 2024.

[lageraemia] 10/4/2024 09:07

I listen to Schiff a fair bit, but he spends a bit to much time winding up bitcoiners for my liking!

The podcasts I mostly listen to are:

Palisades Gold Radio
Mining Stock Education
Mining Stock Daily
Thoughful money (with Adam Taggart)
Live from the vault
Macrovoices
Macro Sunday
Macro Trading Floor
Quoth The Raven
Eurodollar University with Jeff Snider.
Rebel Capitalist with George Gammon

All of the above 'get' gold and monetary system and are inherently libertarian/Austrian economics.

The Palisades Gold Radio, Mining Stock Education and Mining Stock Daily are great for the company specific education.

[stu31] 09/4/2024 18:04

He's been erased by the mainstream media..didn't play ball with the cia.his free blog is superb
another that may or may not be of interest is Peter Schiff..I find him quite informative of US news plus he is a strong voice for the libertarians..most gold investors will already be familiar with him

[lageraemia] 09/4/2024 08:44

Cheers - will check that out. I've heard of Martin Armstrong but he doesn't appear on the macro podcasts I listen to!

[stu31] 08/4/2024 20:54

That is a nice update from Crescat, I might actually buy one of their explorers even though I generally avoid them.

One of the macro guys I follow may be of interest to you and other investors

[stu31] 06/4/2024 02:03

Thanks, will have a listen over the weekend

[lageraemia] 06/4/2024 01:19

Eric Sprott absolutely LOVES NFG though so does Quinton Hennigh. I enjoy his friday night updates on YouTube for Crescat Capital.

Here's the latest:

[stu31] 05/4/2024 23:14

Broken out of the downtrend now so should move smartly upwards, I have learnt a lot from Rick Rule over recent years so these dips are simply sales to be taken advantage of, the benefit of always having some cash on hand. I added at 4.2 thanks Rick (although he doesn’t like this one!)

[lageraemia] 05/4/2024 15:57

New found gold is just the most extraordinary opportunity. The potential is insane, but the share price is even more bonkers.

[johnrxx99] 02/4/2024 08:31

The early price action is amazing. Down 5% then even on no sale or purchase. In my view a disgrace. Seems to happen every day.

[ggrantsu] 27/3/2024 11:53

would be worried but n15 has performed almost completely opposite to all the catastrophic behaviour of s4. s4 i would hazard being hampered by weak macro...its just an absolute disaster of an outfit.

[johnrxx99] 27/3/2024 08:03

Sorrell, executive chairman of S4Capital, said: “After our first four strong net revenue growth years, we had a difficult 2023 reflecting challenging global macroeconomic conditions, fears of recession and high interest rates.

He added: “This resulted in client caution to commit and extended sales cycles, particularly for larger projects, a difficult year for new business, as well as spend reductions from some regional and smaller client relationships.”;