Newstrike Capital Inc NWSKF

RE: NES oversold

[dr_airtime]

Agreed. Thanks to all the long and strongs for defending the 200 dma.

Second best buying opportunity of the year right now for prospective new shareholders. No one could of foreseen the April 20 breccia hit of 231M @ 7.51g/t starting at 3M so pre-April purchases count as successful enlightened speculations only. Only touched the 200 dma twice since and now is one of those times.

Been buying in 2.40's with NES now my second largest position.

NES has a demonstrated history of diverging from general gold equities and has a lot going for it for 2012. Only in a select few miners and advanced explorers have potential to outperform the appreciation of bullion in a down-equities market and/or outperform gold equitiies in a EU-Easing led general equities rally. This is the near term 12 months, in the long term as a lot of more seasoned investors have consistently pointed out, NES has Red Back-Andean-Ventana-Richfield potential.

Outperforming bullion should be the key metric to focus on through 2015 as bullion goes exponential. There is unlimited opportunity cost of not having 100% of net worth in gold bullion linked investments. The returns on bullion are exemplary so it is not worth holding a crappy junior. NES is of rare quality and has potential to quadruple before bullion itself does.

I'm talking to the crowd here. Happy Holidays and thanks for the early XMAS present sellers!