GREY:NWSKF - Post by User
Post by
calicheon Oct 24, 2013 4:16am
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Post# 21844087
NES coverage in Germany
NES coverage in GermanyNewstrike Capital: Impressive drilling successes, share jump on schedule
Our portfolio newbie Newstrike Capital (Canada: NES / WKN: A0KEEK) shines again with impressive drilling data. As the company announced after market close, brought the deep drilling program at the Ana Paula Project (Guerrero / Mexico) again seeing results. 100 to 150 meters were again found high grade gold mineralization below the known resource.
The highlight: AP-hole 13-215 brought about 72.19 meters 3.92 g / t gold . A section of about 39.39 meters in length even made it to 6.42 g / t gold!
The full press release can be found here:https://finance.yahoo.com/news/newstrike-capitals-deep-drill-program-214500882.html
We see this once again confirms the fact that a significant expansion of Ana Paula gold resource can be scheduled. Please refer again to our research report. In this we have calculated a target price of 1.75 CAD. With the Newstrike Capital share we buy in the Capital portfolio manager now already over 15% up - a nice start.
You can also read our NEWSTRIKE CAPITAL research report from 20.10.2013
With best regards