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10.3 grams is only 36% of an ounce. Sounds like a very realistic/fair estimate for 1 ton.
When it was at .0001 they could have bought back 1 billion shares for only $100,000 US. Who knows what they might have done, right?
Yes, and GOI$ had no good reason to stay up in price, and didn't, but this gold stock certainly will.
I'll accept that. Thanks !
Any ideas as to what "April showers brings May flowers" means?
China's 'Enormous' Gold Demand Stuns Analysts, Dealers
The Financial Times reports that precious metals traders in London and Hong Kong were stunned by the strength of Chinese buying in the past month. “The demand is unbelievable. The size of the orders is enormous,” said one senior banker, who estimated that China had imported about 200 tonnes in three months.
The important fact that the Chinese people were banned from owning gold from 1950 to 2003, means that the per capita consumption of over 1.3 billion people is rising from a tiny base, is not realised by most. While the increase in Chinese demand has been very significant, it is likely to continue and the demand is sustainable due to Chairman’s Mao’s half-century gold ownership ban.
Jim37 are these cold months a better time to get the core samples (as long as the snow is not too deep), or does it not matter?
I'll change my name to Riives !
The gold news will sell itself to the masses when it is even more completely confirmed. No one will need to build momentum. Gold news will spread faster than the bird flu. :)
I would believe what the credentialed expert said on video, thereby creating a liability for himself if untrue, before I would believe anything that a voice on a phone from an IR office says. Though, the confirmation is nice, the IR person is only parroting what the expert stated. I'm not attacking you, so please do not misunderstand my post. :)
They can use a ventriloquist with a dummy to convey information as long as it is the truth.
Also, Barchart carries almost zero weight with traders. Trust your instincts with this one....you will not be sorry.
DirectBuy is a club of 400000 members with the collective "clout" to buy directly from the manufacturers.
Wow, that possible Bermal/stone contract with Direct Buy may be the first thing (among many things) that may start this stock running towards .01
I tried to find the videos, but nothing would open.
What happened to green, and GLOD ? :)
I'll be adding at these levels too. :) Wow!
This must be what Club House was talking about in his report yesterday. Amazing.
I believe that the 99 Trenches area is the one that will be mined first because of the claim expiration date in November of this year.
It is only a 20 km (little over 12 miles) to the production facility from the mining site. That is a very good bit of news.
O M G !
Moving right along, I asked Joe about the 5 oz/ton quote released by his long time friend, Geologist Jim Atkinson, (BTW: Jim is the man who was first contacted by the newly formed Canada Corp [now a subsidiary of NWTT] about these claims), and here is what was said:
The "New Millennium" property , as Joe named it (for personal reasons) is his "most prized mining claim" -- of all his many claims! Seriously, I am not making this up. He stated those figures are VERY real and have been verified by him personally.
The stones are going to help finance mining operations. The stones are a good thing because they are a source of revenue.
I might stay up a few more hours over here to see what is going on with Club House. They sure do know how to pique one's interest.
Maybe they should think about changing their stock symbol?
Maybe LODE is available, or something along those lines.
I like how you think. :)
The key is to accumulate so you are holding when the BIG news comes.
Exactly right 12th man.
That part about 5 ounces of gold per ton is HUGE! Usually they're talking about grams per ton. If that vein has any size to it this will be huge for NWTT, especially with gold about to skyrocket on Egypt political concerns.
If that particular vein has any size to it, we will run to $1.00 very quickly.
Starting? The games never stop. The attempts at subtleness are laughable too. I would like for once to see someone post honestly by saying "I just want the stock to drop into the basement so I can buy more." Instead they say "The dilution continues, unfortunately."
I had an order for some, and it did not fill. I changed it to buy half at .0004, which I got. I'll keep waiting on the others, just in case.
Just bought a little more. I like those .0004's. :)
Right you are 12th man.
The veins are typically mineralized with pyrite, chalcopyriteg, alena and sphaleritein quartz + carbonateg angue. Significant old assays, locally in excess of 5 oz Au/ton have been obtained from both surface and underground sampling, along with modest silver, copper, lead and zinc values.
No product to patent, or market. No FDA approval needed. No product recalls. No lawsuits for design errors, or user-injuries. It is gold, and it sells itself. When the mining operation start-up is announced, it will be the equivalent of a manufacturer getting a contract with one of the big stores like Walmart. The stock price will race because there will automatically be revenues with every ton they bring out. This is inevitable. Buy it now, or wish that you had. :)
Buy, and hold (do nothing). :)
I think .0005 is a very fair price to pay. Something significant would have to happen for it to drop to .0004 so the odds are more in favor of it going up from here. I don't mind waiting either. :)
Yes, I added more today shortly after the open. My plan is to hold. Reserves will be proven at some point, and one-tick flippers will not be happy after they see what happens to the price. The prospector who holds option on the claims (Reves?) does not option just anything. This bodes well for us.
What is your saying...a bird in the hand is worth two in the bush?
I would buy the 4 million @ .0005.
Wow. If we end up with an average of even 1/20th of that number, we will have a significant price to our stock. (Gold is up strong again today too.)
It was a totally different company back then, and owned by others.
This mining venture is all new. GLTY. :)
I'll be adding tomorrow (again).
Good morning everyone. I'm going to bed. :)
"Its really simple, if NWTT really had gold of serious value this stock would not be at .0004 FACT. "
Maybe you should let the car get out of the pit before you call the race result?
Here is a link to describe what a pincher play is:
http://pincherplay.com/what-is-a-pincher-play/
So now we have the NI43-101 that transferred with the ownership change. Nothing would change on that. Also, we have the Technical report which was posted yesterday. I guess that should satisfy the detractors of this stock.