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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Comment by nozzpackon Jun 24, 2024 4:16am

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Post# 36102764

RE:RE:RE:More fun facts

Dan, as far as I am aware, naked shorting in Canada is permitted on a daily basis.
The need to borrow is obviated by having to cover that short by the end of the day.

Quite often the MMs are used to recycle those short positions , hence the massive daily wash trading
volumes that suffocate real investment volumes.

This provides many opps for extended naked shorting as no one seems to know just how tight the required daily covering is regulated.

This highly corrupt trading legality applies only to Canada as far as I am aware.