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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 DanWarrenon Dec 23, 2024 7:32pm
48 Views
Post# 36375814

RE:Invent some more stories Dan

RE:Invent some more stories DanYeah, Bucco, you always try to minimize the effect of the Short Sale Attack campaign.

Anybody can look up a chart for NFG/NFGC and see a MASSIVE increase in volume begining in early summer of 2024.

This corresponds to the begining of when the AMEX SHort position grew from 1/2 million shares to a bit over 5 million shares, and the mysterious ( one man?) Outfit called ' ICEBERG' put out their so called ' analyst report' ( no noted author, just like Crux Investment from London....and so very very very similar in writing style and content....hmmmm). 

Meanwhile the Venture short position grew from a million or so at the low around that early summer, but grew a bit, and fluctuates between 1 5 to 2.0 million and higher.

Look up the volume patterns, and as Nozz reports, he says lots of wash trading between brokers, maybe trading short positions back and forth?

The increase in volume is very obvious, and it all corresponds to a dramatic and constant drop in the share price....day after day of doing movements of  a few pennies each day.

It all seems to add up in my view.

CK is in denial that the Short position has any effect on NFG.

Erich Sprott is most definitely NOT.......that's why he's helped found ' Save Canadian Mining', an organization started by top mining execs to stop the carage of rapacious short selling against the tiny Canadian Resource stocks.

Anyone who doubts this, go look at the chart  of NFG / NFGC and see the correlation. Its VERY noticable.
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