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.

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New Found Gold Corp > Bashers Invade When They Need To Cover Their Shorts

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Comment by Dixiedeeon May 09, 2024 3:26am

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Post# 36030443

RE:RE:RE:Bashers Invade When They Need To Cover Their Shorts

Most of the shares while outstanding are not available and are held by management and insiders and a strong investor base so while it's .75% of total shares it is more likely 4 or 5% or more of actual shares that are truly available it starts to be a considerable influence on the share price especially on thinly traded days

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