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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

Comment by Reality888on Feb 10, 2023 12:54pm
72 Views
Post# 35280021

RE:Short Position Updated for January 31, 2023

RE:Short Position Updated for January 31, 2023 Nice short story Danny! LOL

Well lucky you as you have a reply from a retired professional trader, obviously YOU are not.

This isn't Door numbers, a market saying....forget about the SMALL short position PERIOD

The meaning behind door numbers is its a moving market and the Shorts may increase BIG time at ANYTIME....your ignorance is obvious as you think once the shorts cover NFG will trade higher...if Gold tanks and NFG next N/R isn't what the street players want to see Selling could easily kick in, again!

What the Long&Wrongs need is for the shorts to cover AND become new longs that along with N/R that confirm NFG may become a profitable miner going forward.

If YOU actually think NFG has Declined from $13 to $5 because of Shorts....you really should NOT be investing your own money

Good Luck!
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