8 great reasons to love NTMG> here >
• The Company has an exciting asset-based portfolio. Through its subsidiary, it is currently planning to re-activate the prolific Bullmoose Mine Property that has historically produced large quantities of gold. In addition to the gold reserves, the property also has diamond potential.
• Based on independent engineering studies and management estimates, the current value of the Bullmoose reserve is over $35 million. This is based on an estimated proven recoverable reserve base of approximately 85,000 tons of ore and estimated gold prices of $1,000.
• In addition to re-opening the Bullmoose Mine, NT Mining plans to expand its gold exploration asset base through acquisitions. The Company’s criterion for selection of projects is based on an abundant resource base that can be profitably developed.
• NT Mining recently announced that it is negotiating the acquisition of a second gold property. Located on Valentine Mountain in southern Vancouver Island in British Columbia, Canada, this acquisition will allow the Company to reduce costs, diversify operating risks, increase profitability, and focus on year-round production.
• The Company’s management has considerable experience in operating small, high-grade mining companies in the exploration, development and processing of mineral resources. Management’s additional expertise in the field of fund raising, negotiations, conducting due-diligence and managing a public company bode well for its future.
• Declining gold discoveries, rise in demand and prices and increasing importance of gold as a global investment alternative have resulted in renewed focus on gold assets across the globe. Gold is one of the most credible and economically proven sources of stable long term investment.
• Continuing economic growth in emerging markets such as China, Brazil and India along with the declining strength of the dollar and other world economic crisis are likely to keep pressure on the demand-supply situation of gold.
• The Company’s current property is a low-risk high-return asset model. Capital required to re-open the Bullmoose Mine is minimal. Funding of a $2.5 million financing agreement will allow the Company to advance development
on its promising gold project and acquire additional properties.
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Do your Due Dilligence before buying this stock. I think its going to be a good one in the months to follow.
