New Found Gold Corp V.NFG

Alternate Symbol(s): NFGC

Metals & Mining Gold

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

New Found Gold Corp > Management news

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Comment by AlwaysLong683on Jun 11, 2022 3:04pm

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Post# 34749442

RE:Management news

According to SEDI:

May 20, 2022:
Quinton Hennigh sold 100,000 NFG shares at 8.75 per share

June 7, 2022:
Quniton Hennigh ceased to be an insider at NFG.

I assume he acquired the shares early in the life of NFG at a very low price, so he likely made a really good buck on his investment.

Wondering if he no longer holds any shares? That would seem odd given how highly he thinks of the company and Queensway.