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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

TSXV:NFG - Post Discussion

New Found Gold Corp > Market action
View:
Post by Retiredgeo on Jun 25, 2024 11:52am

Market action

It is a tough day for mining stocks today.  Practically, everything which I am following is down today.  Are shorters taking advantage of the weak June volume?  Probably.
Comment by Rainmaker11 on Jun 25, 2024 12:55pm
naked shorting was busy as well in may.    https://companiesmarketcap.com/new-found-gold/failure-to-deliver/
Comment by DanWarren on Jun 25, 2024 2:21pm
Good reource for research... Maybe if/when Poilievre takes over from Trudeau, Erich Sprott and his other powerful billionairs in the mining industry can bring to his attention the ' Save Canadian Mining' organization/ bascent movement, and stop the naked shorting, and restore the uptick rule, and make karge penalties for failing to deliver..
Comment by Skylar1 on Jun 25, 2024 2:09pm
I bought another 3000 shares at 3.95 . I think it's a good deal .
Comment by Retiredgeo on Jun 25, 2024 6:13pm
It didn't get any better as the day wore on.  Gold is holding above $2300 but all of the base metals are down/way down for the month.  Silver is now below $29 US/oz.  All of this  is taking a toll on investor sentiment.  Mining stocks are being hammered everywhere. What is happening today reminds me of August 2022 when NFG bottomed out at $4 CAD/share.  Investor ...more  
New Found Gold Corp
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