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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 > Thank you Dan, for your novel novel, but..........
View:
Post by Evenkeel123 on Apr 09, 2024 5:22pm

Thank you Dan, for your novel novel, but..........

You stated,

Whoever IS Short NFG is going to HAVE to COVER.... and that is more buying power propelling NFG up

This is not true.  You don't have any understanding at all what naked shorting is about and how it works.  They are outside the law on the dark net.  Please go and do more research, lol.

EK
Comment by DanWarren on Apr 09, 2024 5:39pm
I don't claim there is naked shorting of NFG.....there is reported short positionon both the AMEX and Venture exchange. Now, that totals close to 2 million shares That is a lot of shares to buy back and NOT effect the price in this new, REVALUATION of gold upwards. Shorts in NFG have been able to have an effect because the volume hasn't been that great, plus NFG sells shares At the ...more  
Comment by Lemmy1 on Apr 09, 2024 6:29pm
Good post Dan. This Company will be many mutiples higher in the not to distant future. They have the gold, close to infrastructure, in Canada. What eles do you want? She's going much higher!!
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