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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 Dixiedeeon Sep 23, 2024 10:43am
117 Views
Post# 36236328

People need to do their own DD

People need to do their own DDPeople need to do their own DD on newfound gold iceberg the company not the zone wrote a letter bashing Newfound gold this has to be taken with a grain of salt because they are talking their own book they are professional shorters and disclose that they are short the stock 
if the stock goes down they make money so they bash it to cast doubt so retail investors sell and stay away .If you have done your own DD and belive the stock is good then use this bashing as a buying opportunity if you don't belive the stock is good don't buy it and move onto something else nothing fundamental has changed with Newfound Gold except they have more zones more high grade drill holes and continue to de risk so you either belive the story or you don't but don't let a shorter steal your 
position so they make money sell or buy on your own DD 
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