Replies to post #1255 on New World Gold Corporation (NWGC)

[stockforyou1]

I like your estimation

My Q2 Estimate

Q2 running with 21 ounces per day production volume. 21 X 90 = 1890 ounces X $1,500 = $2.83M revenue. Net income - do your DD based on Q4 and Q1 results. Excluding one time expense of $135,924 the net profit would be $135,924 + $79,287 = $215,212 ( = 25% of net revenue)