Newstrike reminder, the Ana Paula deal is closing this month. I have purchased more shares and it is now my largest investment to date. The region known as The Guerrero Gold Belt is known for having large deposits, I cant think of one less than 3 million ounces. Work programs will begin as the deal closes and the AP deposit will be drilled this season. The stock at .40 is an absolute steal, trading at pre Ana Paula prices. It is our feeling that these prices will not last long, after the deal closes. There have been some large accumulations of shares in the last months with Woodstone buying over 2.5 million shares in the last 4 months. The Lundin family is a major shareholder and they rarely go wrong, I have made money with them every time!

As a comparison Torex Gold has a 3 million ounce deposit and over a half billion dollar market cap. If NES pulls 3 million ounces from Ana Paula their 30 million dollar market cap will increase many multiples of its current value.

caliche likes NES!

rating strong buy
current price .41

warmest regards

caliche

disclosure
we own both Newstrike and Torex Gold

June 14th, 2010
Categories: Uncategorized . Author: caliche