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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 26, 2024 10:45am
132 Views
Post# 36057898

Response to Bucco's taken down post....

Response to Bucco's taken down post....The likely paid basher just posted that the 1.1 million increase in the short position was some sort of DIRE situation. ( his posts are usually taken down quickly as the moderators are wise to what he is...a paid propagandist.

Here is my response....just so we're clear on what the recent increase in the short position is all about: 
--------

And.......the 1 .1 million increase in the short position was what the Short position was FORCED to do.......I think that's quite obvious.

No doubt the breakout in GOLD caused Lil Shorty a trip to Herrods dept store to buy new underwear.

They HAD to short more shares.....a LOT more shares to hold the NFG price from a much, much larger rally......GULP!

Further FORCED Short Sales.
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