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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 Snozzeleron Aug 15, 2022 4:34pm
119 Views
Post# 34897593

Whack a Stroller

Whack a Stroller I think this is more insidious than that.....I've written about my theory of who/what the Short position is/ consists of. I believe it is mainly a small investment firm(s ) which specialize in gold exploration companies, mainly in Canada, but possibly Australia and the US, too. These are mainly Penny stocks, and the large investment firms aren't going to bother......this is a lucrative special investment sector for them, since Penny stocks in general, are volatile, prone to promotion, and later slumping(another basher disguised as a crossdressing  snowplow operator?) and, the gold exploration companies in particular generally fail......the Short firm(s), thus, have a specialized niche to themselves.......I don't know what the rules for shorting are in Canada(we dont have any short people up here) , but, I think in the US, retail investors are prohibited from selling stocks Short that are priced less than a couple or few dollars ( our govt is 'protecting us, you see, as us poor fools aren't allowed to play in this lucrative Short sandbox)(hmm, and how about your elected officials, congressmen and women and senators, trading on insider information, are they allowed to short drug stocks when for example when a bad ruling is about to come out, or buy when a new covid vaccine is about to be approved). IOWs, for US retail investors you simply are not allowed to sell Penny stocks short.....somehow, the professional investment firms are exempt from this, or they use offshore accounts to sell Penny stocks short.....Yes, NFG is not a penny stock, but it is a gold exploration stock, even if it is the Queen of the Canadian gold exploration stocks(to be proven. As in mre . proof), so, it falls within the bailiwick of these few Short firms concentrating on this niche......as I have written, Crux neatly falls into this description of what the Short player would look like, in my view.....Crux may be Short NFG(not that Im aware, but Im not Crux. Im Snozz. I just woke up after snozzing off for 40 years), or maybe they were just hired to write their short hit piece on NFG(anything is possible, perhaps Ike hired them and shorted), or maybe they are a bit of both. But, the BasherFest campaign revealed a lot. It likely reveals that the Short position is TRYING to cover(I know of no one who is short, included that pryck pirate Bucc), but, it also reveals the ruthlessness of their tactics(Ive heard hes ruthless before). And, it also reveals that it is likely that I was right about what the Short players look like.(short? Russian? femme wrestlers?)


Dumb as they come.




Snozz
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