Bullboard - Stock Discussion Forum 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... see more

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TSXV:NFG - Post Discussion

New Found Gold Corp > Another large block traded

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Post by megacopper on Dec 29, 2020 1:40pm

Another large block traded

Chi-X - X

4.31

+0.01

0.2

1,403.1

6,068

4.35 4.35 4.28

13:11:07

15 min

So another large block just traded. Something must be up. I'm guessing it is the ETF buying large blocks to get exposure to this play. Should be getting more positive drill results very soon. Possibly next week. Just my thoughts on things.

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Comment by Royal10 on Dec 30, 2020 11:41am

Two 700,000 shares blocks were traded yesterday by #59 (PI Financial) and they were crossed by the same broker. So these trade were done as a switch of positions between two portofolios and may held be the same shareholder (perhaps Sprott) for fiscal reasons...!

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