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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 > Eric Sprott
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Post by Retiredgeo on Jun 12, 2024 7:51am

Eric Sprott

There is a difference between Eric Sprott, his arm's length corporation and his family.  He and his corporation currently own 19% of the float (~39 million shares).  If memory serves his daughters own at least 7-15 million shares.  At one time he had a 30% interest until he gave the excess shares to his daughters.  Combine the three of them together and the Sprott family still controls 30% of the float.
Comment by Paray99 on Jun 13, 2024 9:53am
Whatever, he averaged his investments between $5.68 and $8.35, based on his purchase history.  only thing, he don't mind wait on that investment for years to see the real multiples... where as we are here excited each day. 
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