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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 > big volumes three weeks ago
View:
Post by jimmymac on Oct 11, 2024 2:43pm

big volumes three weeks ago

On September 19th and 20th, many block sized transactions were effected on both exchages.
On the buy side, the volumes were not your co-workers, your buddies, or Uncle Fred taking
these positions.
And yet, the six month chart is in sorry shape.
Lock of news, promotion, management.
Is the BMO ATm back in effect? perish the thought.
Comment by nozzpack on Oct 11, 2024 4:14pm
BMO largest net seller. Once again, our two captains appear to have accepted the benefits of letting the shorters / ATM agents control our share price . Just an unbelievable thought . Surely, that cannot be true. AIMHO GLTA
Comment by Global1966 on Oct 11, 2024 5:49pm
One scenario could be that the Deep drilling has not been successfully and the leaders are embarrassed and do not know how to inform the market. One set of drill results that were drilled in March/ April lends credibility to that view. If they had struck something worthwhile, based on prior history, they would be quick to tell the world. I hope I'm wrong but the silence from information ...more  
Comment by Patient1nvestor on Oct 14, 2024 5:02am
You do need to remember that deliberately withholding material information, good or bad, from the market, misleading shareholders and would-be investors, is, in fact, a criminal offence on the part of the management of a publicly-listed company. I don't believe 'the leaders' are quite prepared to risk some jail time for that.
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