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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 ClifffBooothon Nov 16, 2022 4:22pm
83 Views
Post# 35104706

Dan the Plow

Dan the PlowAs we know (what do you know Dan other than how to whack a baby stroller through the display window on the second floor of Bloomingdales), the Short Position (Morton. Shorton Morton))has started to cover per public information (Yahoo Finance shows the Short position(and guess what, the price hasnt done a thing. So much for the cornered shorts theory oi), and you can monitor this...look under 'statistics')........A week or two ago I posted that I thought this would mean that there would be little downside risk to NFG, due to this, but, there have probably been other factors, too, such as gold ralying significantly, and the general market, too, on sentiment that the FED was making some dovish statements(and still no movement in nfg despite a rising pog these last few weeks) (I think this was it, but I haven't been paying close attention the past couple weeks)(as I went over a guard rail in Utah and wasnt found until yesterday).......Still, my guess is the Short Position(Morty) is trying to hold NFG from breaking $5 CAD, or at least 5.35 which was a recent rally high point. To do this they may need to sell more shares short(Speed McQueen, turn left to go right)........the Short's paid basher (liar) has been a sign of the Short's desperation(be nice to BrainD).....the Short wanted to shut this board down, and they've come close(I can try harder if you like. Ive only been mutitasking to date but I can turn my attention to the board fulltime if youd like)...... But, now with the Chyros system tested and moving forward with that(forefront of innovation. Sorters on the way), and more drilling info flow coming, time is getting short for the Short(the shorts have been making money for the last 18 months and the longs have been losing. The shorts arent panicking contrary to what youre hoping for)........I imagine that Mr. Gordon, head of Crux(the bugger) is feeling nervous(I think Fluffy should be nervous as hes up next).........remember, Crux wrote their first 'analysis' ( hit piece?)(whack a Morty) of NFG back in February 8 (?) of 2021, AFTER NFG had hit $5 CAD and pulled back to I think it was $3.5 CAD. Then, within 2-4 months, NFG sky rocketed to $13.50 CAD.(oh the good ole days. Shoulda sold back then eh Dan?)......somebody got CRUSHED, and I assume ( I cant be certain of this, of course, but it WAS Crux that advertisedone of those somebody's was Crux(nope)......so, we might also assume that the Short position ( mainly Crux?(nope.).....at least that has been my interpretaion)(sorry Dan but youre wrong. So says the bird) has some vivid memories of being short a skyrocketing NFG before, and the Short position may be becoming worried(nope)........the Short position WAS over 2,000,000 shares short recently. Theyve probably covered a couple hundred thousand shares by now(with no effect on the price), but in this low volume stock with possible strikingly good news being able to come out at anytime(todays news wasnt strikingly good?), the Short position is sitting on a powder keg......it will NOT be easy for the Short to cover this position they have in NFG easily(I think the shorts are stupid for not shorting more. If someone can show me how I will short it also).


Clifford
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