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Bullboard - Stock Discussion Forum New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

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

TSXV:NFG - Post Discussion

New Found Gold Corp > Management news
View:
Post by Retiredgeo on Jun 11, 2022 6:03am

Management news

QH has stepped aside as a director of NFG to pursue other things.  He said this during Crescat 79 -
"now that I am no longer a director".

I'm guessing that the play has become to mature for his liking.
Comment by megacopper on Jun 11, 2022 6:33am
  I think Dr. Quinton Hennigh has stepped down from most publicly traded companies to pursue his Crescat role full time. Although I think he is staying on as a technical advisor to NFG so they still have his expertise if required. At least that is my understanding. 
Comment by likeike on Jun 11, 2022 9:11am
I think Dr. Quinton Hennigh has stepped down from most publicly traded companies to pursue his Crescat role full time. Although I think he is staying on as a technical advisor to NFG so they still have his expertise if required. At least that is my understanding.  Exactly Mega....at least one of us gets it. It was such a heartfelt goodbye as the hard geology has been done and he has ...more  
Comment by eldreco on Jun 11, 2022 11:31am
Thanks Ike - thanks Mega, That's my take on it too.  I have come to so much enjoy the enthusiasm that QH has for a project...and how he has this great ability to break it down to people-speak! We haven't seen the last of him. el d
Comment by DanWarren on Jun 11, 2022 11:45am
This post has been removed in accordance with Community Policy
Comment by likeike on Jun 11, 2022 7:29pm
He is a really key part of Crescat, as they are focused on top notch gold exploration companies, not even the miners or junior miners. Crescat is going for the really BIG PLAY, as it appears they are expecting a deja vu occurrence similar of what happened in the late 70s, with these type of gold exploration stocks going up many, many fold. I've read 23 X on average, with some 100 times and ...more  
Comment by DanWarren on Jun 11, 2022 8:29pm
This post has been removed in accordance with Community Policy
Comment by AlwaysLong683 on Jun 11, 2022 3:04pm
According to SEDI: May 20, 2022: Quinton Hennigh sold 100,000 NFG shares at 8.75 per share June 7, 2022: Quniton Hennigh ceased to be an insider at NFG. I assume he acquired the shares early in the life of NFG at a very low price, so he likely made a really good buck on his investment. Wondering if he no longer holds any shares? That would seem odd given how highly he thinks of the ...more  
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