RE:Iceberg research surfaces againEven Lil Shorty (the Short position) is worried.
They ramped up their Short position beginning this summer of 2024 in order to smash the price of NFG/ NFGC down, day after day after day.
In May the AMEX short position was around 1/2 million shares short, where it had been for most of the history of the Short position. (The Short position on the Venture had been where the action was, and on the Venture, the Short position has varied between one to two million shares short through its history, so the huge increase in the AMEX short position appeared to be where the new effort at manipulation was focused beginning in summer 2024).
Through the summer and fall, the Short position relentlessly was increased to the current 5.1 million shares short ! ...a TEN FOLD increase in around six months, all while they hammered the price down by pennies day after day.
(One can look at the chart price and see the obvious correlation between the chart action of NFGC/NFG and the relentless increase in the Short position on the AMEX).
All this huge increase in the AMEX short position occurred AFTER the mysterious ' Iceberg' outfit appeared. ....nobody on this comment board has been able to figure out the nature of this entity.
Now we have what appears to be a significant change in focus of NFG's management and likely new focused intent on moving forward to production, and the SHORT position DID NOT cover during the tax loss selling season, AFTER they had successfully smashed the NFG share price down with relentless huge increase in their short position and deliberate manipulative market shenanigans, while NFG took no action to counter the Short's sabotage.
Now, the combined Short position between the two exchanges is around 6.5 million shares, and they've made no beginnings in covering
Coming out with what appears to me to be a copy cat bashing 'report' by the mysterious 'Iceberg' thingy thing, seems an obvious sign that Lil Shorty is worried.
And, I'm not aware of Collin Kettel being a 'serial failure'
Both Queensway and Nevada King are acknowledged to be remarkable success stories in terms of drill results identifying what appears to be commercial deposits far far beyond what the vast majority of junior explorers have achieved.
Collin nor Denis are mine operators. The new management are.
It's quite obvious the Shorts are worried. They blew their obvious chance to cover after the great success they had in smashing the NFGC/NFG price down into tax loss selling season, which was the OBVIOUS time they should have used to cover.
Now, the Short position has the difficult task of trying to prevent an up trend in NFGs stock price while they cover. They will be competing with new buying from new shareholders.....and we've seen continuous BIG BIDS on both exchanges for months, yet this was NOT short covering!
And, then there is Erich Sprott's initiatives with Save Canadian Mining. And, they are talking about class action lawsuits against the Shorts. ES has been very aware of the deliberate sabotaging of NFGs share price these past years and particularly recently with the ramp up in the Short position being so noticable and directly correlated to the share price collapse since earl summer 2024.
Regime change is in the process in Canada. Pollinvierre will be the obvious new prime Minister. And Polivierre is very aware of NFG, having visited NFG and seen the cores in the core shack.
In a recent interview of ES, he expressed confidence that SAVE CANADIAN MINING will be making progress, apparently soon.
Below is the recent interview with the head of Save Canadian Mining:
https://youtu.be/0outdNU5_Tw?si=LvCesg9-8P8ZxPJ5
This is very informative interview.