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 > Things Are Looking Bright For NFG! 💡

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Post by bull_runz on Mar 07, 2024 4:15pm

Things Are Looking Bright For NFG! 💡

I don't know what these people are expecting!? lol

Short Interest

1,232,552

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Comment by Evenkeel123 on Mar 07, 2024 4:19pm

They're expecting gold to get a haircut, and all the stocks to tumble with it. Since this is not a producer, it is more vulnerable. Have fun! EK

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Comment by DanWarren on Mar 07, 2024 4:42pm

You can add 502,000 shares short reported fir the AMEX....So, total REPORTED Shorts ( how many naked shares sold short?) is 1, 734, 500 aprx.. In this environment of gold breaking to new highs in the USD ( almost all other currencies, gold has been at all time highs for quite some time).Lil Shorty will have a hard time covering........but, maybe he's been hired by some Big Gold outfit to keep ...more

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Comment by Dixiedee on Mar 07, 2024 5:20pm

I think this talk of covering shorts with a buy in is over the top The shorts borrowed those shares so they would go back to whatever accounts they where borrowed from at whatever it cost to buy them from the market place wether that be NFG treasury or open market if the shares are naked it would just be a cash settlement . I don't buy into the large gold company theory of them hiring ...more

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New Found Gold Corp