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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 likeikeon Sep 09, 2022 4:56pm
145 Views
Post# 34953193

Sorry guys

Sorry guysJust read this hachet job by the gold journal that just happened to come into existance

11 days ago. What a misleading article for SGD and us.

I am just amazed how bad it is to anyone with common sense.

I am amazed they phoned the company for verification on Labor day and got no response?

That is the dumbest thing I have ever read. IKE


 
@Rockdoc The article referenced above makes a huge rookie mistake by confusing depth from surface with the length of the drill holes. Their math would be correct if the holes were vertical, but they are drilled at a much more shallow angle. This fact nullifies their entire thesis.
 
7
 
@RealMoney The purpose of these articles or CRUX is to create a rumor mill to demolish what NFG accomplished. Because this vicious cancer cell lab creates unhealthy environment for all. The weekly progress update is definitely necessary until it is running.
 
3
 
@DanWarren This 'Gold Journal' article appears to be the same thing as the Crux article. I believe it very likely is connected directly to Crux and the Short attack on NFG.......Is Crux now short SGD, too? I looked at the SGD stockhouse board, and there was the same basher ID over there, calling Megacopper a pumper for SGD.......the whole thing is pretty obvious, based upon what we have learned about the Short campaign against NFG, and the role of Crux.......It appears to me that Crux is an outfit, based in England (which would give them extra protection against lawsuits from companies, and investors in North America.....why else would an outfit whose business is based on promotion of gold exploration companies mainly in Canada operate out of England?), both makes money from promoting gold exploration firms, but also makes money from shorting gold exploration firms, which is surely a highly lucrative niche market for a small investment firm which has expertise in this field ........Of course, this is all my deductive reasoning, my speculation. But, it makes perfect sense.....Last year around this time I theorized that the Short position in NFG would quite possibly be some small investment firm which specializes in shorting gold exploration stocks, because that requires special knowledge, but, the vast majority of gold exploration firms fail, and even if a gold exploration company success in developing a mine, the process is long, and there is plenty of time and opportunity to sew doubt along the long journey time it takes a gold exploration firm to become successful......Then, we find out that this Crux outfit appears to be associated with the Bashfest over on the Stockhouse board. We see a much more muted Bashfest on this board, likely because the Basher realizes that he made a fool of himself on the stockhouse board by ridiculing the posters on that board with juvenile name calling. So, on the CEO board, they try to sew doubt, and disguise themselves as a thoughtful investor versed inbthe gold exploration sector.....It is quite possible that the bashing posts on the CEO board are created by one person, and the same person is the one behind the bashing stockhouse posts. ....Remember that on the stockhouse board we discovered that Crus hires 'content writers' to work full time, Monday thru Friday ( overtime is probably part of the deal for weekends).

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