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Promoter: | PennyStockLocks.com | Paying Party: | ATG inc |
Stocks covered: | Compensation: | Avg $ Volume for Period: |
NWGC | $25000 | UNKNOWN |
Max Profit: 0.00 % | Gain at close: -23.73 % | |
*We think that this promoter is a part of a group of promoters. |

Members,
Did you put NWGC on your watchlist yet???
Well if you haven't yet we suggest you do so immediately as the company just released market friendly news last night that it has yet to be traded on.
Company: New World Gold Corp.
Symbol: NWGC.pk
Current PPS: $0.095 (Highly Opportunistic Entry Point)
Outstanding Shares: 125.6M
Float: 86.7M
Websites: www.newworldgoldcorp.com
New World Gold Corp. (NWGC.pk) has caught our attention and we are suggesting all members put it on the top of their watchlists immediately.
This company is committed to growth and has already posted an impressive 196% increase in profits in Q1 2012.
All this coming after a strong 2011 in which they had record breaking revenue and profit totals.
NWGC is currently in possession of 5 producing mines and 3 operating mills and plans to acquire another producing mine and one more mill while at the same time increasing its proven gold reserves and its daily production.
We love these Junior Mining stocks because of they give traders the opportunity to profit on the rising gold market for just pennies on the dollar.
In fact NWGC is currently trading at just $0.095.
Based on their revenue generation in the past few quarters and aggressive growth strategy we feel NWGC is extremely undervalued at this current price.
As we mentioned above NWGC just released fresh news last night that it has yet to be traded on.
The company announced that it has hired an independent mining engineer to evaluate their additional new reserves. Previous reports indicate that NWGC has 695,000 ounces of proven, developed ounces of gold. They are in possesion of 5 producing gold mines and 3 full.
NWGC's short term goal is to process 150 tons of ore per day increasing to 250 tons of ore per day by the end of September 2012. This will substantially increase revenue and profits for 2012.
NWGC's anticipates significant growth as it brings its mills up to production capacity and brings additional concessions on production. They will also continue to generate other revenue and profits by milling ore from other mines. The mills have the current capacity to produce 380 tons of ore per day.
Why Invest In Gold?
- Gold is fundamentally a currency and in periods of increasing demand for gold the upward price movements can be more rapid and larger than in other currency markets.
- Gold serves as a store of wealth.
- Gold has functional uses in jewelry and certain industrial applications which distinguishes it from other currencies.
- There is a finite amount of gold available unlike paper currencies.
- Gold is considered a safe haven during times of geopolitical uncertainty.
- Gold is immune to the rise and fall of industrial sectors and commercial trends: gold is always an asset, never a liability and maintains its value regardless of what happens in the market.
About the Company:
New World Gold Corp. (NWGC.pk) Based in Boca Raton NWGC has a proven strategy for success. NWGC takes a long term result oriented approach to exploration and development of its domestic and international reserves.
Domestically NWGC has mines in Montana's Eldorado Bar, home of the famous Montana Blue Sapphires These highly sought after gems can deliver a unique and highly profitable product for the gemstone business of today.
NWGC has been very successful internationally in Ecuador and Peru and has defined a large proven reserve of 695,000 oz of gold and significant probable reserves that NWGC is evaluating to change into a proven reserve. At the same time NWGC continue to acquire additional proven reserves that are ready to come on to productions.
NWGC had increases in both revenue and profits in the first quarter of 2012. These increases were a result of increased production in its mines and mills. NWGC currently has majority interests in 5 producing mines and owns and operates 3 mills. The total current production capabilities are 380 tons of ore per day.
NWGC deserves your immediate attention put it on the top of your watchlist and be ready to pick up shares early this morning at 9:30am EST.
Follow PennyStockLocks on Facebook and Twitter for the latest news and updates on NWGC!!!
Remember to trade smart and to take profits when you can
New World Gold to Assess Its New Reserves
5:13p ET June 12, 2012 (Market Wire)
New World Gold Corp (PINKSHEETS: NWGC), a gold mining company with existing operations in Ecuador and Peru, 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. The Company has 5 producing gold mines and 3 fully operating mills. The mills have the current capacity to produce 380 tons of ore per day.
Based on the exploration, development work and the analytical data accumulated, the Company believes that its proven developed reserves of gold will increase substantially.
The short-term goal of the Company is to process 150 tons of ore per day increasing to 250 tons of ore per day by the end of September 2012. This will substantially increase revenue and profits for 2012.
The Company is anticipating significant growth as it brings its mills up to production capacity and brings additional concessions on production. The Company will also continue to generate other revenue and profits by milling ore from other mines.
New World Gold Corp trades in the United States on the Pink Sheets under the symbol "NWGC." For further information, please contact the Company at (561) 210 8496 or at www.newworldgoldcorp.com.
NOTE: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 involving risks and uncertainties. Results, events and performances could vary from those contemplated. These statements involve risks and uncertainties which may cause actual results, expressed or implied, to differ from predicted outcomes. Risks and uncertainties include but are not limited to product demand, market competition and New World Gold's ability to meet current or future plans. Investors should study and understand all risks before making an investment decision. Readers are recommended not to place undue reliance on forward-looking statements or information. New World Gold is not obligated to publicly release revisions to any forward-looking statement, to reflect events or circumstances afterward, or to disclose unanticipated occurrences except as required under applicable law.
New World Gold Corporation
(561) 210 8496
www.newworldgoldcorp.com
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