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.

TSXV:NFG - Post by User

New Found Gold Corp > Hey Dixie, I bought a ton of stock today, but not here, lol

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Comment by MadInveston Jan 10, 2025 12:59pm

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Post# 36398316

RE:Hey Dixie, I bought a ton of stock today, but not here, lol

A large or a substantial short position whether legal or illegal is a bullish signal. It will have to be covered and if the news is good and the stock jumps shorts will cover in a hurry pushing the stock even higher. It reminds me of a warning from the same book " Reminiscences of a Stock Operator":
He who sells what isn't his'n,
Must buy it back or go to pris'n.
Cheers

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Corus reports Q1 profit drop in the face of falling revenue