New Found Gold Corp V.NFG

Palisade discount this is why

[Dixiedee]

There was discussion about the lawsuit against palisade and Collin Kettell my understanding is Palisade aquired 17,000,000 million shares from an entity a month before they struck the huge high grade deposit that sent the stock to 13.50 ,2 plus years ago they decided to sue claiming Kettell had prior inside information on the drill results he claims he did not it will be settled in court or out of court this is why the discount in Palisade shares which 95 % of the companies assets are shares in newfoundgold .so 17 million of then maybe in question This is a Palisade issue not a newfound gold issue .who eventually gets the shares or how much Palisade may or may not have to pay is not a newfoundgold issue .

[Tk11455ok]

Dixiedee, Thank you for the response. I spent a day and a half researching this issue and can't find my paperwork. My best recall is that drilling started in October of 2019 (NFGC-19-01)  and the first four holes were completed in November 2019. The sale of 13.5 million shares by ThreeD Capital, and 4 million shares by 1313366 Ontario Group to Palisades (17.5 million total) was completed

[Tarantella]

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