New Found Gold Corp V.NFG

Large trade

[Gangsterme]

At end of day there was 645,000 shares trades at $4.24 on an uptick. Wonder who spent $2.7million and at same time who sold.

We might find out. Does this indicate anything?

Drill assays are definitely back by now and are being used to further understand the geology of a small portion of this huge gold bearing area.

Hang on, will be an interesting several months as we find out more about this property.

[DanWarren]

The seller may well be NFG selling ATM shares. NFG may play it safe and always be keeping their cash reserves up, regardless of price. On another note, Lil Shorty, the key player/manager of the Short position increased their short positionnby 71 k. on the Venture exchange. That's not much, but curious. Last month they LOWERED their short position by 1.1 million shares. But, that appeared to

[nozzpack]

The MMs are actively engaged in the naked shorting and exchange of wash traded shares. The major indicator is the number of shares traded. Anon and CIBC are typically MMs so very little can be deduced from their volumes other than the activity of the shorts..