NWGC News Out Last Night – Add To Radar Now!
PennyStockRumors Newsletter
Good morning readers and welcome new subscribers.
Last night we sent you our report on NWGC, a 10 cent gold mining company that hasn`t just found gold, but also a way to turn it into revenue! We`re sending out an update on NWGC because last night the company put out another press release for the taking; today is the first day the market has to react to this news! Wednesday`s mining play is:
NWGC – New World Gold Corp.
New World Gold Corp. (NWGC) is a gold exploration mining company, incorporated in 1998 and based in Boca Raton, Florida, that engages in the development and production of gold assets through its U.S and international reserves.
NWGCs current properties have a total production capability of 380 tons of ore per day however, NWGC is expected to acquire an additional mine and mill in Ecuador within this current year. As a result, NWGC saw record revenue and profits for 2011 with a +370% increase and is projecting 2012 to have profits exceeding $1M! Outside of the U.S., NWGC currently has five producing mines and three operating mills in the South American countries of Ecuador and Peru with proven combined reserves of 695,000 ounces gold.
What`s even more interesting is what happened last night. After the market closed, NWGC issued another press release for the taking. Remember how NWGC had reserves yet to be fully analyzed That`s all about to change.
New World Gold to Assess Its New Reserves BOCA RATON FL – 06/12/12 – New World Gold Corp…is pleased to announce that it has hired an independent mining engineer to evaluate the Company`s additional new reserves. Previous reports indicate that the Company has 695,000 ounces of proven, developed ounces of gold…
Based on the exploration, development work and the analytical data accumulated, the Company believes that its proven developed reserves of gold will increase substantially.
You can read the full press release [1]here.
This is exactly the type of news that gets traders a little excited! What would happen if the company were to nearly triple the amount of proven gold reserves they had Make sure you`re watching NWGC as today marks the first day the market has to react to last night`s press release! Disclaimer (image only):
We have been compensated thirteen thousand dollars via bank wire for this NWGC advertisement by doji capital, inc References 1. http://finance.yahoo.com/news/world-gold-assess-reserves-211200845.html This message was sent to from:
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