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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 > Institutional Ownership Up
View:
Post by Tk11455ok on May 14, 2024 10:36am

Institutional Ownership Up

according to Fintel.io, NFG institutional ownership up from 4.2m in February to 10.8m shares in April.
Just FYI

Tom K.
Comment by nozzpack on May 14, 2024 11:37am
Thank you for that info. It is consistent with persistent and strong insider buying of PALI whose only holding is NFG shares . Clearly, these high grade trenches like Keats Main already, are not being uncovered for their visual auriferous beauty ...
Comment by DanWarren on May 14, 2024 1:49pm
That's big news, Tom ! Thanks for that. I'm not sure if somebody posted this interview with Lawrence Lepard, but he's a smart cookie, and the interview is very good. There was one particular insight about the new trend of being able to buy oil in currencies other than the USD , which I thought was an incredible insight as to what may be the key factor for the breakout price if gold. ...more  
Comment by bull_runz on May 15, 2024 9:54am
At this stage of the Lassonde Curve,  most of the speculators leave, and the institutions step in :)
Comment by Evenkeel123 on May 15, 2024 10:43am
At this stage of the curve, it's called the bucc put.  When you bucc the trend and put more green into it, you are the looser in any stock including NFG. EK
Comment by unclebobby on May 15, 2024 1:26pm
GOLD UP 32.00+ and climbing adding too the assets $$$$
Comment by Dixiedee on May 15, 2024 5:32pm
so EK doesn't own any stocks then 
Comment by nozzpack on May 15, 2024 1:41pm
Lassonde curve steps up at the initiation of production . In the case of Queenie, it will step up earlier as tolling it's ore means there is no monstrous capex to build a mine nor a wait period for permitting...just the administrative lag for the red tape