New Found Gold Corp V.NFG

Hmmm.....why was Retired Geo's post erased?

[DanWarren]

Retired Geo's post started, " I believe the intent is to make NFG investors feel bad. "

Yes, RetGeo, I suspect that is what has been going on with the Short position. Lil Shorty  (my name for the key character managing the Short position) has been making a concerted effort to push NFG stock price down during what appears to be a news blackout prior to the closing of the purchase of LABs Kingsway project adjacent to NFGs Queensway project.

Lil Shorty added another 152k shares short on the Venture in the last couple of weeks......at these low prices!....... it doesn't make sense to me on a risk reward basis. NFG continues to make progress like a train being run on schedule. So, the stock isn't going down on fundamentals, rather I believe it's being pushed down in a very deliberate, calculated fashion. Mainly on the Venture exchange.

I don't believe the objective is to make money shorting the stock. Rather, I think the most logical reason is that the stock is being pushed down, and rallies capped/stopped, is to further a buyout bid. In other words, some buyer is 'stalking' NFG, and they may have hired a specialist investment outfit to 'manage' the Short position for them. Thus the risk/ reward calculation in shorting more NFG shares at this level is immaterial. ...the real goal is to get shareholders fearful, fatigued, and very open to a buyout at cheap levels.

I say NFG should reject any such buy out offers and remain independent and mine QW ASAP.

Don't Sell Out to BIG Gold - Stay Independent, mine Queensway, and BECOME Big Gold !

[DanWarren]

Oops....Ret Geos post wasn't erased.....my response to his post is fine otherwise.