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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 Gangstermeon Aug 18, 2021 3:56pm
256 Views
Post# 33724949

Those bought shares at 11.39$

Those bought shares at 11.39$Those share all 4 million plus of them were resold to clients of BMO and Canacord for 8.50$ closing Aug24. So they could be covering the purchase by selling existing shares at around 9$ for a nice easy profit of 0.50$ a share with no risk. How do I know this? I tried to acquire some shares but they had all been subscribed by 8am this morning. Now you see how favourite customers, ie the rich make money with little risk. The 1,000,000 shares traded today could have made someone or several people a quick $500,000 dollars. And they still own oe Will own the same number of shares they had yesterday.
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