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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 Jun 20, 2024 5:57am
84 Views
Post# 36097319

RE:RE:Continued insider buying of Pali

RE:RE:Continued insider buying of PaliI think ES explained that quite well.....naked shorting by US houses is the primary reason....this especially applies to exploration companies which lack the supportive and obvious fundamentals that comes with cash flows from production.

There are contributory ancillary reasons as there always are with pure exploration companies.

That could change quite quickly on a decision by NFG to begin monetizing the great wealth that drilling has uncovered at QWN.

CK stated the time plan as by exit Q2.

We shall see soon enough if his word is backed by action..



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