NWGC COMPLETE Valuation and DD (with links) Updated 5/15/15
These values are based on current DD – Any change in values by DD or
PR or FILINGS may change this valuation.
HUGE $57M, 48,000oz of gold contract signed by chinese company!!
HUGE $31.6M in tailings gold for the company!
http://ih.advfn.com/p.php?pid=nmona&article=65360270
http://www.otcmarkets.com/stock/NWGC/news/New-World-Gold-Corporation-Adds-to-Production?id=104100&b=y
This, combined with profits, makes us a prime candidate for a
buyout!
OVER $100M in Revenues for the next 12 months!!
MOST RECENT REVENUES AND PROFITS REPORTED
2014 Annual Values have been reported to be $10,612,808 in revenues
for 2014, and more than $2,886,696 in PROFITS, and $14,335,808 in
assets. Growth has continued each quarter and each financial year.
NOTE* Financials are consolidated with subsidiary company AGCZ.
About $7.5M of these revenues and $2M of the profits are derived
from milling (70%) according to the CEO.
SHARE STRUCTURE
NWGC is Pink CURRENT, and files on time, every time. Current A/S
reported by FL SOS is 2.0B shares. Last reported O/S as of 12/31/14
is 1B shares. The current O/S is very reasonable by OTC standards,
and all increases in O/S have resulted from debt over three years
ago during startup. $1.8M is documented in the AGCZ financials
showing exploration and assessment costs. The CEO says that the
company is not issuing any shares to pay for operations, as NWGC is
in production and very profitable. The CEO also says most of the
debt listed is inter-company, not to note holders. Since the
financials are consolidated, intercompany debt is listed as 0. AGCZ
is not a separate business arm of NWGC defined by accounting
standars, so this is correct. $1.1M is listed in AGCZ financials as
being owed to NWGC. Lastly, a first mortgage lien for NWGC equipment
is collaterized against the mines themselves and represents most of
the remaining amount. Any increases in the O/S, which have been
relatively minimal, were from previous debt conversions from startup
debt two years ago.
http://www.otcmarkets.com/stock/NWGC/profile
http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=EntityName&directionType=Initial&searchNameOrder=NEWWORLDGOLD%20P080000448031&aggregateId=domp-p08000044803-92c1f9d2-a181-4592-b0bf-bad7c6b57a7b&searchTerm=New%20World%20Gold&listNameOrder=NEWWORLDGOLD%20P080000448031
AMOUNT OF PROVEN GOLD, HEAD GRADE, and OZ PER TON
Proven gold (meaning actual mining results have confirmed estimates)
are in excess of 800,000oz!!! Information can be found on the
conference call which can be listened to here:
https://www.youtube.com/user/computerbux
This has been confirmed through both in-house studies, independent
lab analysis, and private 43-101 through CURRENT, "SEC defined
qualified person", Phd Geologist Duncan Bain.
http://www.mining-technology.com/contractors/project/duncanbainconsulting/
In December 2014, a new shaft with 27 new veins was opened.
http://www.otcmarkets.com/stock/NWGC/news/New-World-Gold-Corporation-To-Begin-Production-on-New-Veins?id=92304&b=y
We have 5 mills owned solely by NWGC and 5 mines. One of the primary
mines is Miranda Alto and according to the CEO, we own 100% of this
mine, when we purchased 100% of Compania Minera. Compania Minera is
a 100% owned subsidiary of AGCZ. This is documented in the
financials.
PICTURES AND VIDEOS OF OUR OPERATIONS:
These pictures were taken by Global Finishing in their initial
exploration of the viability of the Zaruma region. Natasha Dorph,
former Global Finishing IR, confirmed.
https://pbs.twimg.com/media/B7frzRUCYAA6mpm.png:large
https://pbs.twimg.com/media/B7f2rifCAAAc6Nd.png:large
https://pbs.twimg.com/media/B7f137FCUAAb7Kc.png:large
https://pbs.twimg.com/media/B7f1gANCIAADZG4.png:large
https://pbs.twimg.com/media/B7f0uRmCIAAWvoW.png:large
https://pbs.twimg.com/media/B7fwKldCMAEPsS8.png:large
A BBC Documentary about our UPPER mine, Miranda Alto. Forward to
10:00 mark.
http://robertgould.tv/?portfolio=one-square-mile-ecuador
WEBSITE
COMPANIA MINERA, PL SA COMINPLSA
NWGC owns 82% of our subsidiary AGCZ, which according to the PRs and
Financials, owns 100% of Compania Minera, PL S.A. aka COMINPLSA.
This is the company which has had a long history of mining and
milling in the area of Zaruma, Ecuador.
Google "COMINPLSA" and you will find numerous shipping manifests.
You will also see the sample shipments of our latest find Antimony.
ECUADOR GOVERNMENT LINKS
Their contact information, permits, financials, royalties, fees,
expenses, and various filings with the government can be found here:
http://supercias.gob.ec
Although listed as dissolved, a call to the Supercias contacts
showed that they are simply updating the financials and then it will
show as restored on the website.
SHIPPING MANIFESTS AND BILLS OF LADING
http://www.sicex.com/importers-exporters-products/sisduan/EN/412-2-1-2603000000/Ecuador/Exports/MINERALES+DE+COBRE+Y+SUS+CONCENTRADOS/
https://www.importgenius.com/ecuador/exporters/compa-ia-minera-pl-s-a-cominplsa
http://www.fedexpor.com/directorio/empresas-exportadoras/item/compania-minera-pl-sa-cominplsa
Their mining permit with the Ecuador Government can be found here:
http://www.aduana.gob.ec/archivos/Boletines/2013/senae-dsg-2012-8397%20arcom_agencia_de_regulacion_y_control_minero.pdf
GOLD AND COPPER EXPORTS
It was recently PR'd by the sister company AGCZ, that the
international export of gold produced by the company has started in
December, 2014.
http://www.otcmarkets.com/stock/AGCZ/news/Andes-Gold-Corporation-To-Begin-Shipping-Gold-Internationally?id=92074&b=y
One of the shipping companies can be found here:
http://transbordoscallao.blogspot.com/2014/08/25-julio-2014.html#uds-search-results
COMPETITION
70% of our revenues come by the way of milling for small,
independent miners. We own a total of 5 mills, with three new mills
just announced. Only 30% of our revenues come from mining alone.
http://www.otcmarkets.com/stock/AGCZ/news/Andes-Gold-Corporation-Expands-Operation?id=94589&b=y
The company has been verified multiple times by the largest
competitor in the area, dynasty mining. Quoting them, "NWGC has
their concessions in Zaruma, and we have ours" and "I'm sure our
head of operations, Robert Washer knows Robert Talbot"
http://dynastymining.com/
We have more revenues and more profits, than 99% OF ALL GOLD
COMPANIES IN THE OTC!!!
EARNINGS PER SHARE
Here is the math:
$2.88M in profits is the most recent data PR'd for 2014.
$2.88M / 775 O/S = $.0037 Earnings per share
NEW GOLD CONTRACT
NEW $57,000,000 CONTRACT as of 2/4/15!!!
http://ih.advfn.com/p.php?pid=nmona&article=65360270
47,000 troy oz of gold in contract for 2015!
WE all know this Chinese company did their homework and verified our
operations before signings such a large contract. All shipments will
be verified through manifests.
http://www.otcmarkets.com/stock/NWGC/news/New-World-Gold-Corporation-to-Open-Additional-Mill-in-Ecuador?id=82184&b=y
http://ih.advfn.com/p.php?pid=nmona&article=63507010
http://ih.advfn.com/p.php?pid=nmona&article=62854204
We also know they are processing ore for about 12 mines now.
http://www.otcmarkets.com/stock/NWGC/news/New-World-Gold-Increases-the-Number-of-Independent-Miners-That-It-Processes-Ore-for?id=82364&b=y
Currently, we know from the company conference call PROVEN reserves
of 800,000oz!!! and 1,200,000 in probable reserves. For the sake of
this DD, we will use PROVEN only.
https://www.youtube.com/watch?v=n_ZmfMFDiAw
https://www.youtube.com/watch?v=6e9y6tvzdkg
https://www.youtube.com/watch?v=4Ro2LCMAHco
VALUE
Earnings per share and P/E method
The average P/E ratio of mining companies is around 20, which
accounts for the future return of revenues. That means just on
profits alone, we should be trading around $.074 as a base value.
THIS DOES NOT INCLUDE THE NEW $57M contract!!!
Assuming $500 profit for each $1200 revenues accounting for cost,
then with the new contract in place we have:
500/1200 = 41% profit
57M x 41% = $23,370,000 profits from mining for 2015
+
$2,000,000 profits from milling
= $25,370,000 PROFITS FOR 2015!!
$25,370,000 / 775M O/S = $.032 EPS
x P/E Ratio of 20 = $.65 per share
Market Cap Method
Market cap as of 3/9/2015 is $1,240,000.
The current revenues from the mining contract is $57,000,000.
Milling revenues add another $7.5M
Assets $14,800,000
Current contracted revenues and assets are 63 times higher than
market cap!
Current pps is .0013.
.0013 x 63 = $.0819 per share.
PROVEN GOLD, RECOVERY, AND PROFIT METHOD
The most current gold price, as of 01/29/2015 is $1205 per oz.
http://goldprice.org/
Our cost of mining according to the CC is $700 per oz.
So our overall profit is about 42%.
70% of NWGC revenues currently come from milling. But they do still
have their own mine as well.
So what we have here is 800,000oz of proven gold, and if you
multiply that by today’s gold price of $1,144 per oz, you get
800,000 x $1205 = $964,000,000 Dollars of Proven Gold
Take the same $800,000oz and multiply that by the $700 per oz
average cost
800,000oz x $700 = $560,000,000 in cost to mine the gold
Most gold companies manage to recover 80% of the proven gold. Let's
use that conservative value.
800,000oz x 80% = 640,000oz proven and recoverable
640,000 x $1205 = $771,200,000 Dollars of Proven Gold in our mines
640,000oz x $700 = $448,000,000 in cost to mine the gold
Now we take the REALISTIC revenues and subtract the costs:
$771,200,000 - $448,000,000 = $323,200,000 PROFITS FROM GOLD
Now let’s take a look at what all this means for valuation. Let's
assume it takes 10 years to recover all the gold from our mines. We
will use this for milling revenues and assume zero new growth in
operations and assets.
$323,200,000 long term gold profits +
$5,950,000 annual milling revenues (70% total 2014 revs) (x 10
years) +
$13,000,000 equipment assets
_________________________________________________________________
$395,700,000 Estimated worth of all profits
/ 775,000,000 outstanding shares
_________________________________________________________________
$.51 per share
Therefore NWGC true value, based on all information given, is $.08 -
$.65 per share.
The new $57,000,000 annual contract further verifies this latter
value more strongly.
BUX
Buy Low Sell High - Take Advantage of the Oversold RSI and Double
Bottom !!! Check Links Below ...
New-World-Gold-Corporation-Adds-to-Production
New-World-Gold-Corporation-Projects-Continued-Growth
New-World-Gold-Corporation-Continues-Sampling-of-Its-Rare-Earth-Deposit
New-World-Gold-Corporation-Continues-to-Increase-Production-Capability
New-World-Gold-Corporation-To-Begin-Production-on-New-Veins
New-World-Gold-Corporation-Produces-Record-Profits
NWGC
RECORD PROFITS !!!
Even as GOLD prices have hit 4 year Lows (NWGC) New World Gold
Corporations profits are skyrocketing. This is due to a state of
the art environmentally sound mercury free milling method that
substantially increases profit, by reducing the cost per ounce, of
producing GOLD, to the $700 an ounce range.
As the price of GOLD has fallen and other companies have gone
broke NWGC has been increasing it's profits by milling other GOLD
producers ore since they cannot afford to do so themselves. 70% of
NWGC profits come from milling other companies ore for GOLD !!!
Most companies using the old toxic method have costs in the up to
$1,000 an ounce range to produce GOLD. The $1,100 an ounce area is
where companies would start losing money and scaling back GOLD
production, therefore reducing supply, thus bouncing GOLD price's
for a reversal up. Buy Low Sell High !!!
While Goldman Sachs has stated that GOLD prices will reach $5,000
an ounce within three years other experts have opinioned that
$10,000 an ounce is more likely, the area GOLD prices will spike
to, in the future, because of all the money printing that the
Federal Reserve has been doing, TRILLIONS !!!
Either way NWGC is in a WIN, WIN situation, and so are NWGC stock
holders whom intend to see NWGC share prices back to their proper
valuation value.
GOOD LUCK TO EVERYONE !!!!!
$60,000
Gold May Be Laughably Low -Bill Holter & Greg Hunter Video
http://beforeitsnews.com/gold-and-precious-metals/2015/05/60000-gold-may-be-laughably-low-bill-holter-greg-hunter-video-2643548.html
Bill Holter-Fed Will Not Be Able to Put Out This Fire
https://www.youtube.com/watch?v=A6lQ873v1yk
https://youtu.be/A6lQ873v1yk
$60,000 Gold May Be Laughably Low -Bill Holter & Greg Hunter
Video
Greg Hunter’s USAWatchdog.com
Recent Bloomberg analysis says if China backed its currency with
gold, the price would need to be 50 times higher than it is
today. According to Bloomberg, that would be a gold price of
around $64,000 per ounce, which is much more than gold expert Jim
Sinclair predicted a few years ago. Financial writer Bill
Holter weighs in, “That was a few years ago, before some of the
QE, and Jim has said that $50,000 gold may turn out to be
laughably low. . . . I think it is very curious that Bloomberg
would run this because Bloomberg is as mainstream Wall Street as
you are going to get. . . . It would be my guess that Bloomberg
has some type of information that China is going to announce their
holdings. I can show you that China has 10,000 tons of
gold. That’s pretty easy to do. I use the figure of
10,000 tons, and oddly enough, that is the figure that Bloomberg
used.”
So, what does the mean to the U.S.? Holter says, “After they
make an announcement that they have all this gold, people are
going to say, wait a minute, where did they get all that gold? . .
. It’s come from Western vaults, the biggest Western vault is the
U.S. So, the market place will make a judgment between the
yuan and the dollar. . . . This is definitely a scheduled event in
the fall, and the speculation has been that the Chinese may
announce prior to that in order to give the IMF time to evaluate
the data. From my point of view, the Chinese may make that
announcement to give it a push. The dollar versus the yuan
is going to depreciate greatly. You could see a 20% to 30%
move in the dollar versus the dollar. The yuan is going to
strengthen.”
Would the U.S. be forced to do an audit to verify its 8,000 tons
of gold if China reveals theirs? Holter says, “The market
place will say do an audit or we will keep selling the
dollar. You very well could see an implosion. I have
said for many years now that there is going to be an
implosion. You are going to go to bed Friday night in a
world that resembles the current reality, and you wake up Monday
morning and everything has changed. You will be locked into
your position. Markets are closed. . . . Think about
the brokers or banks that have a huge amount of derivatives. . . .
The top two banks in the world alone have $150 trillion in
derivatives. The amount of collateral they need to post to
keep the game going overnight could be in the hundreds of billions
of dollars. Where are they going to get that from? The
Fed will not be able to put out this fire.”
Another fire, tensions brewing between the U.S. and China in the
South China Sea. Holter says, “There are a lot of
unknowns. The only thing you do know is if it gets started,
it’s really, really bad. You are talking about nuclear
nations. It’s not just U.S. weakness being projected here,
it is Chinese strength. . . . If we get into a shooting war, what
are the odds it would not go nuclear? Whoever is losing will
push the button.”
Why is there not a lot of mainstream media press on this
crisis? Holter thinks, “The press is not covering anything
in the South China Sea because it shows weakness of the
U.S. We are also not getting much in the mainstream
press of Russia China joint activity.”
Join Greg Hunter as he goes One-on-One with gold expert Bill
Holter, now of JSMineset.com.
(There is much more in the video interview.)
After the Interview:
Bill is a prolific writer, and in the future, you will be seeing
his financial analysis on JSMineset.com. You can find
archives of Mr. Holter’s analysis and writing on
MilesFranklin.com.
http://usawatchdog.com/60000-gold-may-be-laughably-low-bill-holter/
NWGC.0003.HUGE
NEWS.Revenue $5,521,647,PROFIT $1,715,308
New World Gold Corporation Continues to Improve Financial
Performance
http://www.otcmarkets.com/stock/NWGC/news/New-World-Gold-Corporation-Continues-to-Improve-Financial-Performance?id=111060&b=y
Aug 02, 2015
OTC Disclosure & News Service
New World Gold Corporation, (OTC Pink: NWGC) a gold mining and
milling company with existing operations in Ecuador and Peru
wishes to announce its financial results for the 6 month period
ending June 30, 2015. Revenue was $5,521,647 for June 30, 2015 up
from $4,990,191 last year, an increase of $531,451 (10.6%). The
profit for the 6 month period ending June 30, 2015 was $1,715,308
up from $1,503,621 last year, an increase of $211,687 (14%). The
increase in revenue and profit was despite the fact that the
average price per oz of gold was lower by $75.00 per oz in 2015
versus the first 6 months in 2014. The Company will continue to
expand its mining and milling operations in the second half of
2015. The Company is projecting that it will average production of
1000 tons of ore pure day with an average head grade of 6gms per
ton.
New World Gold Corporation trades in the United States on the OTC
Pink under the symbol “NWGC”. For further information, please
contact the Company at (561)210 8496 or www.newworldgoldcorp.com
or investors can find real time quotes and market information for
the company on www.otcmarkets.com.
NOTE: This press release contains forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995 involving risk and uncertainties. Results, events and
performances could vary from those contemplated. These statements
involve risks and uncertainties which may cause results, expressed
or implied, to differ from predicted outcomes. Risks and
uncertainties include but are not limited to product demand,
market competition and New World Gold's ability to meet current
and future plans. Investors should study and understand all risks
before making an investment decision. Readers are recommended not
to place undue reliance on forward-looking statements or
information. New World Gold is not obligated to publicly release
revisions to any forward-looking statement, to reflect events or
circumstances afterward or to disclose unanticipated occurrences
except as required under applicable law.
View source version on businesswire.com:
http://www.businesswire.com/news/home/20150802005056/en/
Remember
to invest only what you can afford to lose. Do not blame me if
you become wealthy or lose assets.
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