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 > Shorts in Full Panic mode with todays NR

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Post by Reality888 on Jan 18, 2023 9:52am

Shorts in Full Panic mode with todays NR

REALITY = NOT !!!!!

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Comment by goldanalyst on Jan 18, 2023 10:00am

shorts are mostly the gold producers hedging their bets against a falling gold price ABX is a cash cow hedging at these prices. Hedging also suppresses the junior miners making them cheaper to pick off when the time is right. ABX for example is not panicking. Retail shorts are small potatoes

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New Found Gold Corp