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 > Short Interest 1,090,543

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Post by bull_runz on Apr 05, 2024 8:02am

Short Interest 1,090,543

After seeing NFG's drill results
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Comment by Dixiedee on Apr 05, 2024 11:21am

The shorts did a little covering

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Comment by DanWarren on Apr 05, 2024 12:23pm

Unfortunately, the Short number posted on CEO increased for the Venture. 1,579,000 in round numbers For Mar 15 on MarketWatch, NFGC short figure is 420,000. So total almost exactly 2 million, around the highest level I've seen over the past two years or so. It looks to me that Lil Shorty had to sell more shares short in March to try to keep the price from rising as much as it could have ...more

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Comment by bull_runz on Apr 05, 2024 2:44pm

1.5M was Mar 15. Yesterday was 1,090,543! Nice drop!

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Comment by nozzpack on Apr 05, 2024 2:54pm

POG at $2340 helps but the Mett NR not only confirmed high grades but raised the flag that an early production decision is imminent . Early production wrecks the hopes of a cheap buyout which is most likely for reason for the persistence of the short and distort price suppression . Anyway havd a great weekend Noz

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