New Guinea Gold is the next big gold producer

New Gold Producer in Papua New Guinea with approx 1 million ozs in gold equivilant resources, and targets exceeding 5 millions ozs

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AndyK

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Re: Hi All

in response to Hi All by 3daughters

posted on Jul 27, 09 02:58PM

I think that this one is just going to be a hold for a little while, management is looking to me to be getting their ducks in order, and the production is on the rise again.

When they are producing for a couple of solid quarters, this one will get repriced, especially given the POG.

I have been buying at 16 cents and will wait. I can see 60 cents, and if they get some more drilling results like the last ones, we could see a lot more.

always hopeful

Andy

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Like New Guinea Gold? Then you might also be interested in McLaren Resources

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