Re: Now this is a much needed shot in the arm

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: Now this is a much needed shot in the arm

in response to

Re: Now this is a much needed shot in the arm

maxpm

posted on Sep 15, 2009 09:31PM

Wha i am seeing right now is that this stock is not tightly held, at least not yet.

The volume for such a low price indicates that we are consolidating. The feeling in the community is that equities (juniors) are due to start following the POG up.

When that happens any company that is producing will start to be revalued and finding high grade at surface, 10 meters crying out loud, will only raise the stakes.

When there are more buyers wanting a piece of the pie than sellers looking to make a quick 5%, it will move