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

Add To Watchlist

TSXV:NFG - Post Discussion

New Found Gold Corp > mutual fund institutional ownership update

View:

Post by Tk11455ok on Dec 06, 2021 9:50am

mutual fund institutional ownership update

Just FYI, The Wall Street Journal has 7 mutual funds owning just over 2.5% of NFGs outstanding shares and 10 institutions owning approximately 5%. We are no longer under the radar. Tapped out and holding!

TK

244

Comment

Comment by Kewl002 on Dec 06, 2021 1:52pm

Imo, this is not a "Normal" instituation type investment in the junior mining/explorer category and I expect ony a handful of really smart value-oriented investment houses to buy NFG. Most junior mining companies are heavily dependant upon instituational investment to raise the capital necessary to explore. This also makes them 100% vulnerable to those same investment companies saying ...more

204

Comment