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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 > CK….I’m not aware about any NFG short position
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Comment by MadInveston Jan 16, 2025 10:13am
118 Views
Post# 36406987

RE:RE:CK….I’m not aware about any NFG short position

RE:RE:CK….I’m not aware about any NFG short positionThe short position on NFG is 5,105,170 shs as of Dec 31/24.
That's more than 3% of the float.  And it's a bullish sign as long as the company doesn't do an equity issue.
The short position grew from 500k to over 5 million shares after the short report.

benzinga.com/quote/NFGC/short-interest
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