RE: PC Gold Drills Record High Grade Gold IntersecPC Gold's (PKL) news release is exceptional, and great news for Newcastle. The similarity of this new vein No. 19 to historic vein No. 2 is becoming increasingly important. It indicates that vein No. 19 may hold several hundred thousand ounces of gold alone. If you are not familiar with PKL, I suggest you take a good look.
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I am a holder of PKL, and purchased shares of NCM after discovering the Pickle Lake property is next door to PKL. Between this and the property next to Trelawney, Newcastle is a great area play. With it's tiny market cap, it is a no-brainer for speculation. Very interesting that NCM has shown no reaction to PKL's release today.
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NCM's new management has shown excellent foresight assembling the new land package. Next order of business is to raise the company profile and hence share price, ideally to allow for a less dilutive financing. Then of course, an actual work program to see what's there. Good luck all, this is good news today.