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 > Shorts are trapped

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Comment by DanielDrippinon Oct 08, 2022 11:37am

23 Views

Post# 35013996

RE:Shorts are trapped

Goldziggy wrote: No volume to cover and they are panicking. All they can do is short more to try and hold it here. This board has gone to the dumps since the shorts showed up. if u post something positive they will put a negative spin almost instantly. Desperation by someone caught on the wrong side of the trade and cant get out

Shorts went up 80k shrs in the last report.

If they were panicking shouldnt that number be declining?

Dan

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