InvestorsHub Logo
Followers 182
Posts 41209
Boards Moderated 4
Alias Born 03/21/2012

Re: None

Sunday, 07/11/2021 12:56:47 AM

Sunday, July 11, 2021 12:56:47 AM

Post# of 100202
NWGC is a fake "mining" company. And always has been.....check out this gem from 2015:

New World Gold to Begin Developing Its Rare Earth Deposit
Press Release | 08/09/2015
New World Gold Corporation (OTC Pink: NWGC ) a gold mining and milling Company with operations in Ecuador and Peru is pleased to announce its secondary and comprehensive sampling program on its rare earth, Antimony, deposit in Ecuador has been completed. Based on the results of the testing, the Company will begin to design a drilling program that will define the Antimony ore body and the economic feasibility of developing the ore body. It should be noted that this lease also has significant gold reserves that are being evaluated at the same time. The drilling program will assess both deposits.

The Company expects to option the rare earth deposit to a Chinese group. The option agreement will require expenditures of $500,000 per year in development over a 3 year period. The development work will allow the gold deposit to also be developed. The Company will act as operator of the entire project and maintain a 100% interest in the gold operation and a 35% interest in the antimony deposit.



You'd think that a company mining "rare earths" would know that antimony is not a rare earth. Too funny.......!

NWGC is good for one thing - entertainment! Miller the Clown brought this back to life and created some comedy with his lithium/gold/jade/graphene nonsense. But, sadly, he is now under indictment.

Let's see if Honigford has a good imagination and runs some good promos! Although....I have a feeling we will not hear from him again.

Do your own research, use third-party sources, and don't buy into the hype.