RE:RE:RE:RE:Picked up some NFG today You do realize your bashing is kinda reverse psychology and backfires on you constantly!
Listen Eric is legendary in Canadian mining but he is only one of the top 6 insiders who own 51% of NFG in which all have large personal steaks of over 90 mil combined.
Retail investors currently 47% combined! Many love this company as much as Eric )
Eric Sprott made the biggest insider purchase in the last 12 months. That single transaction was for CA$11m worth of shares at a price of CA$5.68 each.
Last quarter 2023 Eric Sprott spent CA$4.0m on stock, and there wasn't any selling.
He was buying not selling…
Buy
CA$5,006,500
05 Nov 23
Eric Sprott
| Entity | Individual |
| Shares | 950,000 |
| Max Price | CA$5.27 |
Buy
CA$102,432
01 Nov 23
Eric Sprott
| Entity | Individual |
| Shares | 20,000 |
| Max Price | CA$5.12 |
Buy
CA$102,230
31 Oct 23
Eric Sprott
| Entity | Individual |
| Shares | 20,000 |
| Max Price | CA$5.11 |
Buy
CA$207,064
30 Oct 23
Eric Sprott
| Entity | Individual |
| Shares | 40,000 |
| Max Price | CA$5.18 |
Buy
CA$119,294
29 Oct 23
Eric Sprott
| Entity | Individual |
| Shares | 20,000 |
| Max Price | CA$5.96 |
Buy
CA$113,698
21 Sep 23
Eric Sprott
| Entity | Individual |
| Shares | 20,000 |
| Max Price | CA$5.68 |
Buy
CA$117,558
18 Sep 23
Eric Sprott
| Entity | Individual |
| Shares | 20,000 |
| Max Price | CA$5.88 |
Buy
CA$119,250
14 Sep 23
Eric Sprott
| Entity | Individual |
| Shares | 20,000 |
| Max Price | CA$5.96 |
Buy
CA$117,046
12 Sep 23
Eric Sprott
| Entity | Individual |
| Shares | 20,000 |
| Max Price | CA$5.85 |
Buy
CA$56,851
11 Sep 23
Eric Sprott
| Entity | Individual |
| Shares | 10,000 |
| Max Price | CA$5.69 |
Buy
CA$57,071
06 Sep 23
Eric Sprott
| Entity | Individual |
| Shares | 10,000 |
| Max Price | CA$5.71 |
Buy
CA$113,398
05 Sep 23
Eric Sprott
| Entity | Individual |
| Shares | 20,000 |
| Max Price | CA$5.67 |
Buy
CA$118,360
31 Aug 23
Eric Sprott
| Entity | Individual |
| Shares | 20,000 |
| Max Price | CA$5.92 |
Buy
CA$238,024
30 Aug 23
Eric Sprott
| Entity | Individual |
| Shares | 40,000 |
| Max Price | CA$5.95 |
Buy
CA$59,517
29 Aug 23
Eric Sprott
| Entity | Individual |
| Shares | 10,000 |
| Max Price | CA$5.95 |
Buy
CA$122,300
28 Aug 23
Eric Sprott
| Entity | Individual |
| Shares | 20,000 |
| Max Price | CA$6.12 |
Buy
CA$122,718
27 Aug 23
Eric Sprott
| Entity | Individual |
| Shares | 20,000 |
| Max Price | CA$6.14 |
Buy
CA$117,552
24 Aug 23
Eric Sprott
| Entity | Individual |
| Shares | 20,000 |
| Max Price | CA$5.88 |
Buy
CA$201,762
23 Aug 23
Eric Sprott
The buying doesn’t stop the list goes on…
Source:
https://simplywall.st/stocks/ca/materials/tsxv-nfg/new-found-gold-shares/news/new-found-gold-insiders-placed-bullish-bets-worth-ca159m/
Between Oct. 30 and Nov. 2, Eric Sprott, who has an ownership position exceeding 10 per cent, invested over $427,000 in shares of this gold exploration company. He acquired a total of 80,000 shares at an average price per share of roughly $5.34 for an account in which he has an indirect ownership (2176423 Ontario Ltd.). As of Nov. 6, this particular account held 10,392,400 shares.
According to the company’s November investor presentation, New Found Gold represents Mr. Sprott’s largest investment made in his career with investments since 2019, totaling approximately $260-million to date.
November 2021:
5 million shares at $9.60 a piece
December 2022
6.25 million shares at $8 a piece
Eric Sprott…2176423 Ontario Ltd. :
https://pitchbook.com/profiles/company/170526-34#overview
Wow easy 20 seconds search and 60 seconds copy and paste aha
hashboy18 wrote: $125.9 million of shares in New Found Gold Corp Sprott bragged about in June. now the filing shows he only has 10 million shares. not good