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flag Falcon Gold shares plunged 25% to C$0.02 amid heavy trading and rising short interest.

flag Falcon Gold (CVE:FG) shares dropped 25% on Monday, hitting a low of C$0.02 and closing at that level, with trading volume surging to 2.7 million shares—222% above average. flag The company, based in Vancouver and formerly Chesstown Capital Inc., explores for gold, silver, copper, base metals, and diamonds in the Americas, with its flagship project near Agnico Eagle’s Hammond Reef deposit. flag Market capitalization stood at C$2.82 million, and the stock’s 50-day and 200-day moving averages remained at C$0.02. flag No official reason for the decline was provided, though increased short interest and insider selling were noted.

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