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New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

New Found Gold Corp. is a Canada-based mineral exploration company 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 a approximately 1,662 square kilometers area, located about 15 kilometers (km) west of Gander, Newfoundland and Labrador, and just 18 km from Gander International Airport. The Queensway Project is divided by Gander Lake into Queensway North and Queensway South. The Company is undertaking a 500,000-meter drill program at Queensway.


TSXV:NFG - Post by User

Comment by nozzpackon Mar 19, 2024 10:54am
118 Views
Post# 35940540

RE:RE:Gold action

RE:RE:Gold actionTrade station data continues to show wolf pack wash trading accounting for about 60% of the volumes traded .
This pattern of price containment has been used by the shorts for several years.

It cannot be evaded except by major development moves that bring aboard sustained and much larger volumes 

Management , if they know their market...and you'd have to be dumb not to..would have taken  the required action to bounce us out of the controlling hands of the shorts.

That does not seem to be the case as their life style salaries and benefits make waiting for any buyout at any price comes along .....Hope, Float Bloat model.

Why there is not a shareholder revolt here is beyond me..
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