Newstrike Share Price Set to Move
Newstrike Capital Inc
Symbol C : NES
Shares Issued 82,570,638
Close 2011-11-25 C$ 2.83
speculative BUY
Overweight
There is a lot of quiet interest behind the scenes on NES.
With drill 4 rigs turning drilling results will move the sp in the new year, the 1 Km step out is a major development that the market is giving no value to, that right there to me says its time to buy 🙂
The fundamentals have moved ahead of the share price..
I can feel the pressure building or the spring coiling whatever analogy you would like to use..I don’t think it will be long before the SP catches up with the drill program.
With the amount of effort, time and air miles Richard and Gillian are expending there are a lot of eyes, with big piles of money behind them, watching NES … there will be a tipping point when some of that money is deployed and imho when that happens (someone blinks) the sp will adjust upwards very quickly
The fundamentals of NES keep getting better and the deposit is significantly de risked with every hole.
Remember, EVERY hole has hit mineralization and is adding ounces to the overall deposit
I’m buying here and there when money permits..loading up for the new year like a squirrel stashing away nuts for the winter..lol
The showstopper breccia is sitting atop a mountain of bread and butter ounces and with Gillian and Craig on the hunt in the south west for the source of mineralization NES will certainly not be quiet for long!! 🙂
warmest regards
caliche
