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 > Everyone reply to this post if.......

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Post by Bigshot123 on Nov 05, 2021 12:07pm

Everyone reply to this post if.......

Bigshot says everyone who believes Eric Sprott goes 60 million shares deep on a stock like this and it turns out to be a total fraud.

Bigshot is laughing.

Bigshot is pleased.

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Comment by Flyder on Nov 05, 2021 12:59pm

With the relationship Sprott has with NFG and its management, I can not imagine that they agreed to do a $48M PP with Sprott if management already knew about the differences in assays. Imagine what releasing this news would do to their relationship with Sprott, with all his shares, had he not known about it first. I bet he already knew about it and invested anyway and isn't worried ...more

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Comment by diabase1 on Nov 05, 2021 1:04pm

I think the ES deal is for $9.60 a share. If he did know about it, why would he invest that much money, if he thought the share price would drop on release of the news??? As of today, that's almost a $2 difference!!

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