Replies to post #85467 on New World Gold Corporation (NWGC)

[1manband]

There is no mine. Even assuming they have lithium, the chances of actually mining it for a profit is slim and many years (if not DECADES) away.

Mining in the US is not easy. 99.99% of claims end up worthless. The odds of actually having anything of value are around 1 in 1000. And then, even if they do raise and spend the tens of millions of dollars it takes to conduct actual scientific property exploration, it will take hundreds of millions of dollars more to perform all the legally required studies, obtain the permits, and build a mine.

The average time from mineral discovery (which NWGC doesn't have yet) to mine opening in the US is.........18 YEARS.

That is correct. 18 YEARS.

Mining is not easy, simple or cheap. And a sub-penny, non-SEC registered company has never successfully pulled it off in the US. And NWGC won't be any different.

This is a pump and dump, pure and simple.

[rbtree]

Hilarious..... NWGC is doing nothing of the sort. An LOI or two that aren't consummated? So what? 80 acres of worthless claims with nothing but traces of some elements?

What experience does Bob have that leads one to think he will "lead us to the gold and lithium"?

The idea is preposterous.