RE:Shorts Create Wonderful Buying Opportunities :)I assume that figure is the latest from the Venture exchange alone...?
If so, there is also around 400,000 shares short on the AMEX, as of March 15.
Yes, it is ironic, in that I think the Short position has held the NFG share price down, and in doing so, created much better prices for investors to accumulate much more shares than they probably originally imagined they would ever accumulate.
So, thanks to the Shorts are due.
Let's give our thanks to:
1)Lil Shorty , the mysterious ( brains? - key short player) behind the short position.
2)Crux Investments, for writing dismissive and somewhat insulting, so called ' analyst reports' stating NFG really isn't that great and is quite over valued.
3) Bucco, and all his legions of IDs on both comment boards. Hopefully he has been being paid by Lil Shorty....if not, he must be a disturbed person. ....If he is being paid, he's willing to be dishonest for pay....not very honorable.
Thanks guys !!... Now that the dam has broken on the gold price, and investors are looking for gold stocks to invest in, NFG may be one of the very top gold stock investments.
The upside is really astounding...but, it can take time.
As many say here, patience is our ally here. Yet, some very solid upside may be around the corner.
I want NFG to remain independent, with at most, allow only a small percentage of Queensway to be sold to any Big Gold company.
The REAL money will be made by holding NFG for many years as Queensway is developed and explored, all while gold engages in a generational uptrend in being REVALUED as the best form of actual money and the preeminent store of value, unconnected to any massively indebted nation's currencies.