As far as bad news, there really hasn't been any. (share price down over 60% in 3 yrs Dan and still no mre in sight.)
I had suspected that this issue had been engineered by the Short position(of course you did Dan)……
..had gotten the ear of some regulator(there is no regulator. This is Canada)
.. a bribe was involved( I love a conspiracy)
This was the only event I can recall where a negative event occurred regarding NFG (how about the share price being down over 60% in 3 years)
The ups(?) and downs of NFG are mostly due to ongoing necessary financing, manipulations by the Short position ( Lil Shorty), movements in the price of gold and its effect on gold stocks in general, as the key factors.(gold up nfg down? Haven’t noticed??)
The progress by NFG has been a steady procedure(no mre?) of forging ahead with drilling results, which have been recognized as being the most outstanding of all the gold exploration companies in Canada(by you? Im not impressed by narrow high grade hits of unknown true width but some people are. What does oblique angle mean btw?)
Still, NFG has advanced at warp speed(advanced to an mre? The one Violet wants never?), compared to virtually all other exploration companies( like those that put out mre’s after 50k meters so their shareholders know where they stand?).
Progress at NFG is unrelenting(drilling with 5 drills down from 14 and not progressing to an mre?). And the most negative thing you can say about NFG is that(the shares have dropped over 60% and everything ck says needs to be retracted?)
..what appears to be at least one professional basher(Volunteer. Mebe I should charge?) with LEGIONS of alternate IDs on both(false. Doesn’t post on ceo) of the message boards ( whom we call Bucco (my hero)
The Short position may exist because they STILL believe that NFG is overvalued. But, that appears to increasingly have been proven wrong (as evidenced by a 60% share price slide ), given the progress NFG has made in proving up the high grade gold deposits at North Queensway(what progress? Tell us how many ozs and what the grade is), a small fraction of the entire massive Queensway project (so massive you need to buy Lab ground which you wont ever drill).
It also may be possible that the Short position is in the process of throwing in the towel (no change in short position latest report. Sorry Dan), in light of the recent break out in the price of gold, and the unrelenting progress that NFG is making(unrelenting what TwerkinDan).
Queesway has a spectacular resource, one for the history books (but you can tell us how many ozs).
Given the above outlook by shareholders, many believe that NFG is a solid, and safe long term hold (many who dont know wtf they are talking about).
Buccs Free Fact Checking Inc
Tacoma Washington