New Guinea Gold

In my opinion, this line says it all. They find this in the eastern zone in an area that is already in production.

If they can find more to establish that the stike continues, there should be no reason that the SP will not recover.

Losing a contractor is small potatoes and may have been over done by the selling going on in the last couple of days. The company is going to be pursuing this in court which says to me that they are not the ones at fault.

In all good time, maybe around March of next year, this one should be up again. The production is coming along and new more efficient vats are now online which should drive production numbers up. Add in some high grade tonnage and at the POG today, there is some profit to be had. Not bad in my books, and thats what I want to see when I pick companies to buy.

JMHO.