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Mining Operation in Dolly Lake
I guess they are about to start onsite operations including mobilizing mining equipment with the intention of commencing production. Looking for a news on Dolly Lake soon.
Gold on Fire but NWGC is stuck
anyone following silver,gold play TNR* on fire today
Recent Highs: $0.07 on 12/21, $0.03 on 3/17
Time to revisit past highs
I am hoping $0.05 near term
Dolly Lake property acquisition
Aren't they going to acquire Dolly Lake property? The 43-101 is already complete .
http://finance.yahoo.com/news/Auric-Mining-Proceeds-With-iw-2482284006.html?x=0&.v=1
Up 31.82%
go AUMY go..
Might go lower.
I am neutral this time
Time to run
Acquisition news near imo
It's bad that bid is lower with these hot news.
Somehow market doesn't give importance to these earning reports. Just my opinion.
Something wrong BID is low, never goes up
imo
It needs patience here..until market finds this gem
Move from 11/3/2010 to 12/3/2010
On Nov 3, it was $0.07 and hit $0.40 on Dec 3. That time it didn't have reports of two strong quarters (Q4, Q1) which we have now. PPS should regain $0.40 and head much higher imo
Gold $1,510/oz where is the move in NWGC?
Folks, we need volume. This one deserves much higher value.
I am surprised it can't break $0.02 resistance.
Let's see rest of the week.
Why can't it get market attention?
I guess MMs don't have enough shares, want to collect as much as possible from the impatient hands before they push it to higher territory. Gold and Silver is moving up again after a minor pullback, profit taking. Let's see tomorrow it could break $0.10 resistance.
Once MMs turn bullish, it will skyrocket
MMs probably doing the DD too..
This is a hot micro-cap valued gold play, time to fly $$$
This hidden GEM needs some media coverage
and hopefully it is getting. PPS should head much higher
We need Bid to go up...
will come soon imo
This is Grossly Undervalued
Bid should go over $0.15 with this Q1 report
who is holding and why?
3 producing mines, 21 ozs to 30 ozs per day
sweet deal here at $0.10x Lot more to come.
This is a multibagger imo
Breakout Any Moment.
Time to load up.. $$
Need some Patience.
I am a long here between $0.017 and $0.021
I hope it will rebound
It swings between $0.015 and $0.025.
Board Members surged 48%
was 29 two days now 43 board members. go NWGC go.
Why it's tanking?
I was reviewing my own DD. I found that WSRA doing the 43-101 for Gold Basin mine which is owned by another company called Pine Creek Mining, Inc.. So WSRA providing the technical services. I will be happy to see them mining some gold. They may setup JV and move Gold Basin into production. Let's hope for a bounce off soon.
Who is holding this?
I am surprised that this stock hasn't started it journey to $0.25 yet. Two solid quarters in a row, bright future growth, low float, low o/s. My 12 months target $1.00+/sh.
The way it's moving with revenue & profit
, I believe this stock will appreciate to much higher value near term. That will help them not to dilute much in case they need to raise additional funds. Q1 made $889,327 revenue. Now their production volume raised to 21 ounces/day, which could even go to 30 ounces/day. So for rest of the 3 quarters, if they produce average 25 ounces/day then it will be 6750 ounces. Let's say the average gold price be $1450/oz (too conservative) from Q2 to Q4 2011, then it could generate around $9.8M revenue. Add $889,327 revenue in Q1 - total comes near $11M revenue for full year 2011.
Profitability: Excluding one time cost, Q1 net profit was actually 25% of revenue. So for the full year it could be $2.2M net income.
2012 will be even more growth. So what market cap it should get? My conservative valuation is $50M at least. Divided by 58M shares o/s = $0.86/sh. I see a nice multibagger here.
A man having both money & experience
makes more money NWGC on its trip to moon $$$
No reason it can't regain $0.40/sh soon.
I think this stock is relatively unknown. After strong Q4, Q1 now it should get market attention fast. This is a winner, I see a multibagger microcap gold play here.
This should move to OTCBB
That would be nice.
My Q2 Estimate
Q2 running with 21 ounces per day production volume. 21 X 90 = 1890 ounces X $1,500 = $2.83M revenue. Net income - do your DD based on Q4 and Q1 results. Excluding one time expense of $135,924 the net profit would be $135,924 + $79,287 = $215,212 ( = 25% of net revenue)
Reserve Summary
600,000 ounces to 1.17 million ounces potential
http://www.newworldgoldcorp.com/reserves.html
Hard to find a microcap gold producer like this. Share Structure awesome. Time to run
Market attention soon
This is a hot gold babe imo
The Best Picks of Gold Rush.
The microcaps that started mining gold like this one,are the best picks in this gold rush. NWGC is not an explorer any more, it's now a miner/producer of gold. Nice two strong quarters (Q4,Q1) in a row. Time to revisit $0.40/sh where it was few months back. I see revenue in Q2 near $2M as production volume increased to 21 ounce per day vs 11 ounces per day in Q1. GLTA
Nice Close
No one selling , strong support at $0.02x. Good days ahead.
Board Members Increasing.
Nice
Q2 going 21 ozs/day vs. 11 ozs/day in Q1
I am expecting lot more explosive Q2. This micro-cap gold is still undiscovered, great time to load the boat IMO
http://finance.yahoo.com/news/New-World-Gold-Corporation-iw-2154096706.html?x=0&.v=1
GLTA
** Q2 will be much more higher **
The production now increased to 21 ozs per day from Q2 vs 11 ozs in Q1