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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 nozzpackon Oct 31, 2024 5:45pm
137 Views
Post# 36291441

Recent Buying versus Selling

Recent Buying versus Selling1.16 million shares  bought versus 353,000 sold .

So, 3.3 times more shares bought than sold.

My infiormation indicates that the 3.5 million NFG shares trasnferred to IDK et al as part of the Settlement became free trading about October 7-8.

It does not appear that any have been sold nor would I expect as IDK is quite liquid and they are more aware of insider information than we are.

So,this is a staged short attack for cheap financing, made easier as we do not have any significanrt or sustained buying volumes due to very little promotional activity and assay fatigue .

Surely, Management is not collusive in this stealth theft of our equity..




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