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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (104594)3/25/2021 5:58:27 PM
From: Goose94Respond to of 203330
 
Memory Makes Money



To: Goose94 who wrote (104594)3/27/2021 1:54:02 AM
From: Goose94Read Replies (1) | Respond to of 203330
 
New Found Gold (NFG-V) Canaccord Genuity analyst Tom Gallo began coverage with a "hold" ranking. Mr. Gallo targets the shares at $4.75.

Mr. Gallo says New Found Gold has had a very successful first nine months of trading. The shares currently sit at an all-time high after commencing trading in August, 2020, at $1.30 per share.

Mr. Gallo says in a note: "The company is exploring for gold on one of the largest land packages controlled in the district. This discovery story offers investors exposure to a large-scale drill program targeting substantial near-surface, very high-grade material.

The company has done an excellent job targeting and hitting near-surface high-grade zones of mineralization. It will be up to the 200,000m drill program to crystalize this value in the form of a resource base. Our 2.1M conceptual + 0.08Moz historic resource offers a base line from which the company can grow.

We believe this base case could grow through the drill bit and note that the high-margin potential of such high grades at surface offers NFG an advantage in a potential future operation scenario."