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Yea this is a long term play for me, this could easily be worth .5 or $1 very very soon. Not in this for tiny profits.
N00b bidwackers who only got in for a quick flip. I am in this long term, fantastic company, great SS, mega revenue, and they could be announcing a mjaor JV at anytime!
NWGC just went from a company who is currently worth 5.3 million to one who is bringing in 54 million a year in revenue! Incrediably undervalued at these levels!
This company will be making no less than 54 million a year, and thats not counting any JVs or other partnerships or revenue streams, this is just from one single mine!!! They have multiple mines in the USA and around the world!
Current market cap is only 5.3 million, and yearly revenue will be at least around 54 million gross! Highly undervalued here!
JV isn't even needed! This company went from making $360,000 a month at 8 ounces of gold per day, to $4.5 million a month at 100 ounces a day! The current market cap is only 5.3 million! This is massively undervalued at these current prices. You are now looking at a company that is going to be making around 54 million dollars a year! And thats with out a JV!
Heres what this means for investors!
Lets break this down shall we?
They are mid-way through the process of upgrading their mill on their Peru mine. Within 120 days they expect to be processing 100 oz of gold per day.
For the first quarter this year, they netted their first profit ever as a company. The company is completely debt free, and they had quite a few one time expenses in the first quarter that took away from their profit, but they still were able to net a profit of 79k. Currently they are at .091. This pps is based on them processing only 8 oz of gold per day, which was their rate before all the updates to their processing facility.
This means they were bringing in $12,000 a day in gold at current prices.
When one factors in that they will be processing 100 oz of gold a day and not 8, NWGC will be bringing in $150,000 a day in gold! Now that's gross profit and not factoring in expenses, but you can quickly see the massive increase in shareholder value with these numbers!
On top of that, they also announced that they have contracts with other mines around the area that do not have their own processing facilities and will be buying up their gold and processing it as well. So they will have a completely separate revenue stream that will further increase their profits.
And this fantastic news doesn't even factor in the possiblity of the rumored major joint venture deal that could be announced at anytime!
NWGC just went from netting $79k for the whole first quarter, to grossing $150,000 a day....
Float is only 18 million - May 27, 2011
O/S is only 58 million - May 27, 2011
WAY undervalued at these prices!
Current market cap is 5.3 million.... NWGC will now be making 4.5 million a month with current production!!!!
So your looking at a company that currently has a market cap of only 5.3 million, that will now be making 54 million a year! This is grade school math here guys!
THIS IS HUGE!!!
Told you guys major news was coming this tuesday/wed :P Fantastic news, this means a major revenue increase for the company, and keep in mind that NWGC is completely debt free, and started turning a pure profit this first quarter for the first time, and that was with only 8 ounces of gold a day and with quite a few one time expenses that they had to incur!
This wont slowly move out of consolidation, major news should be hitting tuesday or wed, so when that happens it will simply expload and run hard.
This is going to fly once this news gets out!
Np. next week is going to be the BIG week here guys, keep an eye out on tuesday/wed next week!
Promo? We got major news coming next week here.... This is the real deal here thats for sure. After speaking with the company it sounds like news will be out by wed next week.
RGIN NEWS OUT!!!!
http://www.otcmarkets.com/stock/RGIN/news
Regenicin, Inc. (RGIN.OB) Announces Advanced Discussions With Developers to Establish New Facilities in Florida
LITTLE FALLS, NJ, Jun 08, 2011 (MARKETWIRE via COMTEX) -- Regenicin, Inc. (OTCBB: RGIN) announces it is in advanced discussions with various developers in the State of Florida to determine the best strategic location and partners for the company to establish its research facilities. Sites presently being considered are world-class research and technology parks, which will allow Regenicin to collaborate with leading centers of excellence in the academic, research, and healthcare arenas.
The company is pursuing opportunities to lease new facilities that will not only accommodate the company's present needs for state-of-the-art lab space, but will also address the projected growth needs the company envisions as it executes its business plan.
The State of Florida is an exciting new destination for Regenicin and it offers many appealing amenities with logistical and financial considerations for the biotech and life sciences industries. We hope to be able to announce our site selection in the near future.
Safe Harbor
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, without limitation, the future press releases of Regenicin, Inc.
Possible major news AH I am hearing too! I do believe this could run very very big tomorrow!
Someone needs to tell that idiot that noone is going to slap the ask with his 100k shares sitting on it, the stock only has traded 162k for the whole day. What a n00b, has no clue how to sell shares..
They just upped the production at their mine, and are going to be uping it even more very soon, so not only are their gold numbers and revenues going to increase, but a possible major JV seems like it's in the works as well!
Me 3!
These prices are going to look dirt cheap if the JV news is true!
A JV with a major mining company with NWGC and it's super low share structure, a big deal could easily be worth $1 + and at least .3 or .5 a share.
Word is starting to spread on this, and when the news hits the sky will be the limit here! This is going to be a monster play IMO.
NWGC has possible major JV news coming this week that could send this skyrocketing. Just back in Dec when the last round of big news dropped it ran to .40. This time around the news is expected to be massive, and many times bigger than that in Dec. They are going to be doing a JV with a major publicly traded mining company, this deal could be worth 10s of millions of not 100s of millons of dollers.
NWGC is a great company with already producing mines that are growing in production right now. Also, they have many valuable properties that are waiting to be mined that are worth alot of money, one or more of these are mostlikely what will be in the JV deal. On top of that you have a company that has a fantastic SS, only 18 million in the float, 58 million in the O/S and no history of dilution. This is the real deal folks, the news is expected within "a few days".
Heres a website that is backing up all the rumors here on I-Hub in regards to this stock:
http://www.prlog.org/11529957-nwgc-new-world-gold-corp-rumored-to-complete-joint-venture-with-established-gold-mining-company.html
Charts look fantastic too, pretty much historic lows, possible major news droping any day, this one is ready, perfect time to get in IMO. Even if the JV doesn't happen, any type of big news will send this stock skyward!
If the Joint Venture news is true, and NWGC does sign a major deal with a major mining company, this stock will fly! NWGC only has an 18 million float, and a 58 million O/S, last time on major news it ran up to .3, if this is a major JV that could be worth 10s of millions if not 100s of million, this could easily hit .5 or $1 +. And the news should be dropping any day now! This is a no brainer here!
Yea I want to know where these "rumors" are coming from, so far the only place that I have seen them is from this one web site.
Told you guys...
No doubt! Plus that site is going to do a interview with the CEO on thrusday, where hes going to go into detail about all of this. Big things coming!
News is coming very very soon here, should be out this AM, I am thinking around 10ish!
MAJOR UPDATE on EMXC!
This is from the same source that stated news about the merger was coming yesterday. It's quite clear he knows what hes talking about. He just sent this out via email...
"EMXC was first alerted Friday at the .0007-.0008 lvl and yesterday morning was still on alert. Well you guessed it, it is still on major alert. News out on the website yesterday was huge. Looking for the PR today premarket or early morning. We also have an extensive CEO interview Thursday at CEOCentral.com. You won't want to miss this. I for one am not convinced this stock has a 1.5 bil float. The more I DD and after watching it move as easy as it did yesterday I think we are working with a much much smaller float. This is part is purely speculation, but I would not be surprised if a PR was dropped soon describing that a huge share buy back has already taken place. I'm not selling one single share of this company."
Correct, read pretty much any filing and you will see the same verbage in there. This is pure legal bable and nothing more. All companies have something similiar in their filings which basicly states they have the rights to "dilute" their stock if need be to keep the company aflote. The difference with NWMY is they go out of their way to express that it's not their first option, nore one they are currently planning on doing. They got plently of cash on hand, so dilution is of no concern here right now. This will be off to the races once they put out the web cast and talk about some of the other big things they are working on!
HUGE NEWS!! We get free shares of MPIX valued at .0041 IN ADDENTION to our current shares of EMXC! This is free money for all shareholders of record of June 15th! Talk about a win win here!
This is HUGE news, it means they have uplisted from the pinksheet limited information tier, to the OTCQB tier. This means they are offically off the pinksheets and now have become a fully reporting company with the OTC Markets. This means they are becoming more transparent which shows they are working on bigger and better things.
Nice, sounds good, got 2 min!
Where did you hear that the webcast was coming out at 6 est?
Your quite right sir, the charts don't lie, which is why I find it funny that you referenced them. The charts show this is at its low and ready for a bounce. The charts also show we were at these very same prices a month ago when the last webcast came out and that we then went from. 0004 to .0012 on the webcast news. Next time you might want to actually do a little DD before making such ignorant comments...
It's a Teffy only pick, wont have anything to do with anyone else, including who ever ran the STHG play today...
SMHS next run starting, .02 break on this one!
TOLD YOU NEXT LEG HAS STARTED WILL BREAK .02 ON THIS RUN!
Next leg up is about to start!
Small pull back before next leg up! Saking some week hands, profit takers, chart is screaming .02 + !
Small pull back, next leg up about to start!