Im doing a little more internet digging on NES tonight, it is my largest holding by number of shares and will soon be by dollar value as well, Im sure.

i found this comment by Salvador Garcia, vicepresident-Mexico, Goldcorp  in a mexico mining journal “E&MJ”

They have an impressive suite of properties in need of development—particularly all along the Guerrero Goldbelt, a hugely rich area where they are on track to become the dominant player. The properties that he is the most excited about include El Limon, Media Luna (of which they own 22.5%) and Ana Paula, where drilling results are described as “amazing.”

Gleichen now owns 100% of the El Limon and Newstrike has just purchased 100% of Ana Paula

Grl was up 12 cents today on heavy record volume of nearly 8 million shares

Newstrike has enjoyed a boost in volume and price from a Lawrence Roulston writeup late last week. In that letter he cites a Goldcorp presentation stating an inferred resource of 600,000 ounces from just 11 drill holes .. Amazing Indeed!!!

I cant wait for the drill program to begin under Gillian Kearvill, I have a feeling she has the goods when it comes to drilling in Guerrero!

The 2 million dollar breakup fee NEs just recieved will go a long way to outlining a much larger resource at Ana Paula

March 16th, 2010
Categories: General . Author: admin