New Found Gold Corp V.NFG

Alternate Symbol(s): NFGC

Metals & Mining Gold

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

New Found Gold Corp > Parker Joint Actors acquires another 660.000 shares

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Comment by nozzpackon May 22, 2024 4:14am

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Post# 36051327

RE:Parker Joint Actors acquires another 660.000 shares

So, who are the joint actors funding the acquisition of nearly 8 milion Pali shares since May of 2023?

For what Purpose ?

Expectation of a major coming event for NFG predictable one year ago makes sense.

The valuation multiple for a gold producer is several times higher than for a explorer.

Cant beat that evidential logic as an incentive to buy Pali shares which are a direct proxy of NFG shares..

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