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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

Comment by nozzpackon Sep 23, 2024 10:31am
94 Views
Post# 36236281

RE:RE:RE:The Latest Iteration of the Long running, Short Attack on NF

RE:RE:RE:The Latest Iteration of the Long running, Short Attack on NFSpot on Dan.

The Canadian Houses are vassals of the two US houses. ML and MS.. controlling this play.

In the absence of large volumes, daily naked shorting combined with wolf pack wash trading can contain a share price forever.

Large volumes are no longer generated by outstandung assays .

The only recourse for NFG is to move from exploration to producer.

That will rerate the valuation model due to robust cash flows reducing/ eliminating the need for persistent equity dilution.

That such as not been announced is purely the fault of Management  who seem oblivious of the impact
of naked shorting and its impact on shareholder investments.

Once again, no strategic plan has been espoused by management after 4 years of drilling..

In the meantime , CK is spending his time producing weekly videos on NKG.

We can do much better than keeping this incompetent prima donna..

AIMHO


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