50-60% probably to give me the chance to flip it and pick up cheaper shares. Could be left a fool, but I see it hitting mid 5s and then a slight pullback. Just my opinion.
Don't be alarmed on AXCG sell off today. They released a 10-q today. Just people selling into the news, per usual.
50-60% probably to give me the chance to flip it and pick up cheaper shares. Could be left a fool, but I see it hitting mid 5s and then a slight pullback. Just my opinion.
Don't be alarmed on AXCG sell off today. They released a 10-q today. Just people selling into the news, per usual.
ASKE moving, just as we thought. Up 100% on my ASKE, at the moment. Not selling below .001 though.
*** Alerting NWGC @ .0056 ***
Went in very large here on Friday. I am expecting .02 - .05 near term. Hugely undervalued play with a lot of whales locking up the float. Should be an easy 100% gain from these levels this week, IMHO.
Copying and pasting this from SilkyBaller, DD post:
New World Gold Corporation (NWGC) has a solid
history of producing revenues year over year, and proven or probable
reserves of 1,895,000 oz of gold both domestically and internationally;
the proven reserves are 695,000 oz and
the probable reserves are 1,200,000 oz. The current worth of these
proven and probable combined reserves is $2,446,445,000 based on the
gold value of $1291.00 per oz as of 5/21/14. Using JUST the proven
reserves as a conservative number, 695,000 oz is equal to
$897,245,000!!!
We will take the numbers from the most recent
quarterly report, filed JUST LAST WEEK. The A/S for NWGC is ONLY 750M
shares!!! The O/S is even lower, at only 527M shares! Again, using the
conservative, but PROVEN reserves value, divided by the outstanding
shares, you get $1.70 per share intrinsic value!!!!
The most
recent quarterly also reports $11.6M in assets, and most importantly,
gross PROFITS of over $4.9M last year!!! If that wasn't good enough, the
most recent PR says that their NET profits for Q1 2014 are 98% higher
than in 2013!!!! It's safe to say these people KNOW what they are doing
and are doing it well over and over.
Now you can see why we are
SO EXCITED about this undervalued Gem! It is an undiscovered,
profitable company with a low float and it is going to be HUGE!!
Here is some information directly from their website:
New World Gold Corporation continues to grow through development and
production of existing reserves, acquisition and development of new
reserves and processing of third party reserves at it's mills.
Previously the Company had focused on domestic gold reserves. However,
the Company has been very successful in Ecuador and Peru and has defined
a large proven reserve of 695,000 oz of gold and significant probable
reserves that the Company is evaluating to change into a proven reserve.
At the same time the Company will continue to acquire additional proven
reserves that are ready to come on to productions.
The Company
has shown excellent growth in 2011 and now has 5 producing mines and 3
operating mills. The Company projects that in 2012 it will acquire
another producing mine and one more mill while at the same time
increasing its proven gold reserves and its daily production. Key Highlights:
New World Gold has 5 producing gold mines. The Company has 3 fully operating mills with a combined capacity of 380 tonnes per day. The average head grade of the ore being processed is 1.0 oz of gold and 15 gm of silver per tonne of ore. The Company processes ore from other mines increasing cash flow and profits. The Company has proven reserves in excess of 695,000 oz of gold. The Company has probable reserves greater than 1,200,000 oz of gold. The Company is working to change these reserves from probable to proven. New World Gold will continue to increase reserves through acquisitions. The Company continues to have an active reclamation program. The Company had record revenues and profits in 2011 and expects to exceed these results in 2012.
Here is a link to their most recent Financial Reports:
ASKE moving, just as we thought. Up 100% on my ASKE, at the moment. Not selling below .001 though.
*** Alerting NWGC @ .0056 ***
Went in very large here on Friday. I am expecting .02 - .05 near term. Hugely undervalued play with a lot of whales locking up the float. Should be an easy 100% gain from these levels this week, IMHO.
Copying and pasting this from SilkyBaller, DD post:
New World Gold Corporation (NWGC) has a solid
history of producing revenues year over year, and proven or probable
reserves of 1,895,000 oz of gold both domestically and internationally;
the proven reserves are 695,000 oz and
the probable reserves are 1,200,000 oz. The current worth of these
proven and probable combined reserves is $2,446,445,000 based on the
gold value of $1291.00 per oz as of 5/21/14. Using JUST the proven
reserves as a conservative number, 695,000 oz is equal to
$897,245,000!!!
We will take the numbers from the most recent
quarterly report, filed JUST LAST WEEK. The A/S for NWGC is ONLY 750M
shares!!! The O/S is even lower, at only 527M shares! Again, using the
conservative, but PROVEN reserves value, divided by the outstanding
shares, you get $1.70 per share intrinsic value!!!!
The most
recent quarterly also reports $11.6M in assets, and most importantly,
gross PROFITS of over $4.9M last year!!! If that wasn't good enough, the
most recent PR says that their NET profits for Q1 2014 are 98% higher
than in 2013!!!! It's safe to say these people KNOW what they are doing
and are doing it well over and over.
Now you can see why we are
SO EXCITED about this undervalued Gem! It is an undiscovered,
profitable company with a low float and it is going to be HUGE!!
Here is some information directly from their website:
New World Gold Corporation continues to grow through development and
production of existing reserves, acquisition and development of new
reserves and processing of third party reserves at it's mills.
Previously the Company had focused on domestic gold reserves. However,
the Company has been very successful in Ecuador and Peru and has defined
a large proven reserve of 695,000 oz of gold and significant probable
reserves that the Company is evaluating to change into a proven reserve.
At the same time the Company will continue to acquire additional proven
reserves that are ready to come on to productions.
The Company
has shown excellent growth in 2011 and now has 5 producing mines and 3
operating mills. The Company projects that in 2012 it will acquire
another producing mine and one more mill while at the same time
increasing its proven gold reserves and its daily production. Key Highlights:
New World Gold has 5 producing gold mines. The Company has 3 fully operating mills with a combined capacity of 380 tonnes per day. The average head grade of the ore being processed is 1.0 oz of gold and 15 gm of silver per tonne of ore. The Company processes ore from other mines increasing cash flow and profits. The Company has proven reserves in excess of 695,000 oz of gold. The Company has probable reserves greater than 1,200,000 oz of gold. The Company is working to change these reserves from probable to proven. New World Gold will continue to increase reserves through acquisitions. The Company continues to have an active reclamation program. The Company had record revenues and profits in 2011 and expects to exceed these results in 2012.
Here is a link to their most recent Financial Reports:
Stifled are you on twitter? PM me if so. Been watching this as well but I messed up and locked all my funds up on Friday due to not having a margin account. I've cried all week as I watched this stock rocket with no buying power :(
Stifled are you on twitter? PM me if so. Been watching this as well but I messed up and locked all my funds up on Friday due to not having a margin account. I've cried all week as I watched this stock rocket with no buying power :(
NWGC if we see news tomorrow we explode, and I will be selling into the news. If we don't I expect a decent pullback, the chart is VERY hot right now. News trumps charts, however, so if we get it premarket it's on... bro get a margin account!
Just busted my first Twitter account on Monday I think, actually, haha.
https://twitter.com/FloppyPlants
I have not really begun doing updates on it. I am just absolutely swamped with life until the middle of June and one of my jobs lets off.
Getting ready for the September pot rush Round III though, hope you're putting some cheddar aside.
Stay blessed.
Hey RDTTKA,
NWGC if we see news tomorrow we explode, and I will be selling into the news. If we don't I expect a decent pullback, the chart is VERY hot right now. News trumps charts, however, so if we get it premarket it's on... bro get a margin account!
Just busted my first Twitter account on Monday I think, actually, haha.
https://twitter.com/FloppyPlants
I have not really begun doing updates on it. I am just absolutely swamped with life until the middle of June and one of my jobs lets off.
Getting ready for the September pot rush Round III though, hope you're putting some cheddar aside.
Look for NTEK to have a green spinning top tomorrow. Chart is way oversold, and I'm hearing big things are about to be dropped. This is the bottom for NTEK for 2014, IMHO.
*** FROZ and NWGC are my top plays for the week, NWGC should see another 100% week, and froz should be good for a push to the .005 levels ***
GLGT and UNGS on watch as well.
Look for NTEK to have a green spinning top tomorrow. Chart is way oversold, and I'm hearing big things are about to be dropped. This is the bottom for NTEK for 2014, IMHO.
*** FROZ and NWGC are my top plays for the week, NWGC should see another 100% week, and froz should be good for a push to the .005 levels ***
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