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Newstrike Capital Inc NWSKF



GREY:NWSKF - Post by User

Bullboard Posts
Comment by yungcashon Nov 30, 2011 9:09am
259 Views
Post# 19277842

RE: RE: whats keeping this stock up?

RE: RE: whats keeping this stock up?Here's a post I wrote from Apr 16: We've got solid news flow from Ana Paula drilling.We've got huge upside potential from the massive land package at Aurea Norte.We've got a strong and proven management and exploration team that knows the GGB extremely well.We've got a very wealthy and astute large shareholder in Lukas Lundin.We've got the commodity making all-time highs.We've got great access to US and European investors (Euro Pacific on last, way oversubscribed, PP).We've got analysts and investors just starting to look at the property (tour last weekend). Now to update a couple of things to Nov 30: The news flow from Ana Paula has been stellar, Aurea Norte has produced solid targets after the magnetic survey, one analyst picked up coverage with a 10.75 12-month target (more will come, especially now that they know NES might need more $ for expanded drilling toward the stepout and beyond!). One thing I didn't mention in April is the great capital structure of the company. Very few warrants and options and most are incentive options to directors and insiders. The problem with so many juniors is the promoters get in early and have a TON of warrants that dilute shareholders that buy in the market. Hats off to NES for protecting the shareholders like us. And that's why NES is staying at highs and will continue to make new highs.
Bullboard Posts