RE:RE:news presentation... Corrected error on New Gold ...
393
I noticed on page #11 that the stockpile of gold equivalent has risen to 80,000 to 100,000 oz. That is equal to New Gold 1/4 annual production!
That cash balance is growing, growing, growing....even after spending some $20-35 million within the next 12 months...cash in the bank will be almost $300 million by year end....
What are the catalysts that will get the new NSU to the SP levels that it deserves?
Growing cash balance
Additional exploration in Timok, confirming and/or expanding reserves
Keep on paying the dividend...How many other corporations dish out a dividend of about 5% annually...
Additional operating income from disposal of 80,000 to 100,000 oz of gold equivalent
Operational and profitable zinc floatation plant schedulled for the latter part of Q4
Additional reserves at Bisha
OK so, we need to be "...very patient.."...for the market to re-rate....
I got time...
All Aboard The new NSU Bull Express