Newmac Resources Inc V.NER.H

Metals & Mining Industrial Metals & Minerals

Newmac Resources Inc. is a Canada-based junior exploration company. The Company is involved in the acquisition, exploration and evaluation of mineral properties located in British Columbia, Canada. The Company’s focus is the exploration and development of the Crazy Fox Property located in British Columbia. The Crazy Fox Molybdenum-Tungsten Property is located approximately 20 kilometers (km) northwest of Little Fort, British Columbia. Its Crazy Fox Moybdenum-Tungsten property is located about 100 km north of Kamloops, BC. The Company has approximately 14000 meters or 46000 feet of drilling that has been completed by the Company’s Drill contractor DJ DRILLING of Aldergrove BC and Watson Lake Yukon. The Company’s wholly owned subsidiary is Newmac Molybdenum Inc.

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Newmac Resources Inc

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Comment by detaxnowon Nov 04, 2010 12:54pm

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Post# 17657922

RE: RE: RE: RE: RE: RE: RE: Be prepared for a big

I agree with you that we have been paying more for less, ever since the credit crunch. However, I know inflation is not a solution...it sucks. Your money is worth less. I completely agree.

I should have explained myself a bit more. All the cash sitting on the sidelines since the credit crunch will have to find a home or it will decrease in value. This home will be in hard assets or the promise of hard assets. Alot of it will find its way into gold stocks. Ourselves even, as small investors, should not hold any cash at this time for the forseeable future, to protect ourselves from the loss of buring power. Now is the time to be fully invested in gold stocks. Newmac I think should be 20-30 cents by the end of the year. I have no doubt they will be turning on the promotional tap as well. Newmac is a great buy at these levels and it won't stay here for long. IMHO.

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