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Bullboard - Stock Discussion Forum New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

New Found Gold Corp. is a Canada-based mineral exploration company. The Company is 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 an approximately 1,662 square kilometers area, located about 15 kilometers (km... see more

TSXV:NFG - Post Discussion

New Found Gold Corp > NFG insider reports show sparse insider trades recently
View:
Post by BlindBoy on Jul 18, 2021 8:50pm

NFG insider reports show sparse insider trades recently

The company weekly insider reports don't show much insider trading over the past 3 weekly reports. 

Last week's shows Eric Sprott buying 60k through 2176423 Ontario:  20k on the 9th @$11.47, 20k @$11.29 on the 12th, and 20k @$11.21 on the 13th.

McEwen is not mentioned in any of the past 3 weekly reports, but his position was below the 10% threshold for mandatory insider filing, so how much of the selling has been his is pretty hard to know with absolute certainty.
Comment by megacopper on Jul 18, 2021 9:26pm
  Yeah I think Eric Sprott is near the 20% threshold so he can't buy much more. 60k shares is pocket change for him. If its Rob McEwen selling this past week I guess we won't know for sure if he's below the 10% threshold for reporting. Although I thought they had to declare it no matter what. But if Rob McEwen isn't on the board of directors perhaps he doesn't have to ...more  
Comment by JRafflesUK on Jul 19, 2021 6:52am
Yeah I think Eric Sprott is near the 20% threshold so he can't buy much more. why doesn't the 20% rule apply to Pallisades ~ 30%?
Comment by DanWarren on Jul 19, 2021 7:27am
This post has been removed in accordance with Community Policy
Comment by ronreagan on Jul 19, 2021 8:06am
No, please feel free to continue, Dan - not enough of that good talk, and right on the money.
Comment by wajac on Jul 19, 2021 10:28am
Please take your soap bos elsewhere!
Comment by DanWarren on Jul 19, 2021 11:23am
This post has been removed in accordance with Community Policy
Comment by wajac on Jul 19, 2021 2:25pm
No disrespect, Dan, but you sound like a 'wild eyed zealot'.
Comment by DanWarren on Jul 19, 2021 3:28pm
This post has been removed in accordance with Community Policy
Comment by likeike on Jul 19, 2021 4:32pm
Not being American the single biggest thing I see to correct Washington is to get rid of all lobbying. The previous Dem President had the right idea being a law professor but got shot down in a blaze of glory on that one even when he tried to limit it to one day. Our own Canadian system is now so rife with lobbying and most Canadians are unaware  and smug that we are better but ours is ...more  
Comment by Global1966 on Jul 19, 2021 6:36pm
America has had its day in the sun. It's global power is waning rapidly. God help all those allies who think they will come to their aid. Taiwan will be the test case in the next few years
Comment by likeike on Jul 19, 2021 6:40pm
Global is Taiwan in America? IKE
Comment by Global1966 on Jul 20, 2021 2:54am
Your response demonstrates my point very well
Comment by Retiredgeo on Jul 19, 2021 7:07pm
The DOW goes down 3% and it's the end of everything!!! WOW!!!
Comment by BlindBoy on Jul 19, 2021 8:26am
"why doesn't the 20% rule apply to Pallisades ~ 30%?" They created the private company, and recognized as the "control group" when it IPO'd on the TSX-v 
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