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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 > News is Overdue
View:
Post by Hideaway on Sep 09, 2024 3:52pm

News is Overdue

If NFG has any drill results that they are withholding the assays are not likely encouraging.We should be up a bit today but no so.We have dropped quite a bit over the past while but not a word from management.Typical of a junior who lacks transparency.
Comment by Flyby1969 on Sep 09, 2024 5:50pm
Nothing is being withheld. Why make a silly comment with no proof. It's the $300 million ATM that's keeping the stock in this range.
Comment by Paray99 on Sep 10, 2024 9:25am
$300 million ATM? What a joker.... ha ha ha....
Comment by Dixiedee on Sep 10, 2024 10:56am
300 million US$ amount of shares does not mean it will be sold it is only in the treasury and available for sale They may sell through ATM ( at the market ) but my guess is they made these shares available  to sell to a strategic partner or to sell on an bought offerings to develop parts of the project that maybe bulk sampling open pit mining or some other option the project is getting ...more  
Comment by Flyby1969 on Sep 10, 2024 11:44am
$100 million whoops
Comment by Patient1nvestor on Sep 11, 2024 2:52am
Did you know withholding material information is a criminal offence for the management of a public company? So, your allegation is serious. And making such a serious allegation of a criminal conduct in a public forum without any substantiating evidence can make you prone to a civil defamation claim. You be careful with what you say.
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