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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. 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) 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 also owns a 100% interest in the Kingsway property, which consists of 264 claims on three licenses covering approximately 77 square kilometers. The project is located approximately 18km northwest of the town of Gander, Newfoundland. The Company is undertaking a 650,000-meter drill program on Queensway. It has royalty interests underlying Keats South and several additional zones in Queensway.


TSXV:NFG - Post by User

Post by likeikeon May 26, 2021 5:05pm
332 Views
Post# 33272470

Eric sprott on ceo on SIC

Eric sprott on ceo on SIC@SeaPalms Fist lets clear up the benefits that sprott doesn't bring to the table first he does not buy in the market and only most of the time through financings at a price lower than the trading at, also grabs a half or full warrant for later .and usually grabs a fee yes a fee in this case a financing expense which was, if you read the financing pr, it was over one hundred thousand dollars, in this case to a lady business friend of sprott lol, you can check that with Cathy but you will find its true, The only place he can dispose of his shares is if the company is taken over ,very rare, or on the OPEN MARKET like everybody else and with the amount he has he will kill the price, i would never buy any stock with one man so powerful holding my destiny in his hands ,if you sit and think the only person who wins here is sprott cost price .26 ,warrants, fees etc you got or will get the shaft, how do i know this been in hundreds of financings myself there are other benefits however i don't believe you would not understand so i wont waste my time explaining, Second one day soon i will explain the trading your seeing first i will tell you its legal and they are pros who are doing it and its a long story to explain at a later date but as the price goes lower it will get much faster and more serious, and yes i do it for a living.
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