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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 hope21on Nov 05, 2021 1:41pm
262 Views
Post# 34093109

Couple of unanswered questions related to yesterday news.

Couple of unanswered questions related to yesterday news.Yesterday news release shows that company management are being transparent with us investors.

If the company management felt the news was significant enough why was stock not halted.?

My guess they did not and yet I am sure they did not expect this market overreaction 

Market overeacting to this news. 

Hard to understand is investors making fast assumptions without getting all the fact.

Is short players putting significant pressure spreading lies in Yahoo board this is Fraud 
I don't know and I do not believe that is the case.

Nervous investors not undertanding the news are making more of it than they should.

The truth is we do not have any fact to explain this market overreaction. 

Some times the market act like a ZOO unfortunately..

Could this also explain why the latest financing with ES is not yet complete.

Kindly let me know your comments 


 
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