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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 > Another Einstein
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Comment by Goldziggyon Nov 24, 2022 7:20pm
91 Views
Post# 35126643

RE:RE:Another Einstein

RE:RE:Another Einstein
CliffBhooth wrote:
ES transferred 13+ million shares to his 2 daughters effectively bringing him below the 20% threshold. FWIW, it maybe (just idle speculation) that ES through Sprott Mining has plans to mine this together with a major holding 60% and SM the other 40%! 
 
 

/
 
CK owns several million shares personally, so that probably brings it to the 31% for Palisades group.. Palisades will sell their position as they are a merchant bank, and will deploy their massive gains elsewhere in the mining sector. It appears they have another major discovery in Nevada, and huge land holdings in that district.
GBR sold out at 400K drilling threshold and still had not released a resource estimate. Can that happen here?


Do you realise who the ceo of palisades is? They wont sell nfg on the cheap or any time soon. Someone is accumulating this and wont let it go up. The longer this stays at this 5$ price it looks more like a big buyer than shorts covering 
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