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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 DanWarrenon May 15, 2024 11:52pm
131 Views
Post# 36042588

BTW...more shenanigans at the close...

BTW...more shenanigans at the close...Normally, NFGC and NFG trade in tandem, with the Canadian price being in sync with the US price.

Today, in the last minutes, 20,000 shares were dumped on the AMEX, driving NFGC down, while NFG stayed strong.

As a result, NFGC is price 4 cents too low compared to the Venture exchange pricing. ...small potatoes, but why would someone dump shares at the end of day like that?...anyway, some catch up for the pricing on AMEX is due.

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