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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

Comment by itsjustme1on Mar 10, 2022 10:17pm
178 Views
Post# 34505304

RE:RE:JBP Fault Zone

RE:RE:JBP Fault Zone
DanWarren wrote: Best FUD post to date.....I'll give it a 6.5 out of 10.......these guys are pros.....as I speculated, Big Shorty is a Canadian investment firm that makes a business out of shorting junior gold exploration stocks, usually a business which has lots of opportunity for profits.........but, with all the informed posting on the possibility of a quick buyout, gold flying, the world crumbling around us with food, oil, natural gas, key metals and minerals in massive shortfall, inflation raging, investors flocking to safe havens, and with the gold sector more undervalued than anytime in recent memory ( decades) and the gold sector comprising only 1/2 of 1% of the investment universe when typically it is1 1/2 % to 2%, I would think Big Shorty is getting nervous that a stampede may develop into the gold sector....and we are seeing what stampede does to commodity prices...thru the roof........ And, is it possible the Big Player we see in the daily pricing action of NFG is an accumulator, trying to buy shares on the cheap, preparing for a buyout offer?.....I still don't want to see a buyout, though. We would be MUCH better off staying independent, to fully participate in all the Mega trends converging to catapult gold, and to fully discover all the value in Queensway, both of which will take years to fully work out.


DanWarren you have an explanation for everything which usually comes down to shorts shorting. Lol  I wish I had your imagination
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