New World Gold Corporation (NWGC)

[Traderfan]

Very nice numbers out and also 2013 projection. The problem clearly is that they seem to give out 40-50 million shares each quarter for debt conversion. Of course that way it's hard for the stock to ever go up. At least now we know where all the constant selling pressure comes from. The question is will they increase the A/S in the near future or not. They are almost at the limit now.