New Found Gold Corp V.NFG

Another large bid for PALI shares.....

[DanWarren]

213,000 share bid at $2.45 CAD.

 

.....pretty soon will be running out of original private placement shares for sale of the original PALI when it was private. SOme time ago Collin K said sellers of PALI were from this group.

This has been goung on for many weeks with 150,000 share and + bids.

More is written by Nozzpack on this situation on the PALI board.

I've been seeing this on L2 for many weeks. The buyer snagged 150,000 shares at the rock bottom lows a couple months ago.. Now the bids are around the above area and 2.50.

[nozzpack]

Once those original PALI shares are completely sold to long investors of new Pali shares, there is no other reason for new Pali to exist as NFG shares are its only holdings . C Kettel and famiky own 20 million PALI shares which, when new Pali closes out, the family will get 20 million NFG shares  Not a bad deal at all which is why I have bought my NFG shares through PALi..