AMAZING NEW PICK**NGHI**
Aug 31st, 2009 by beststockreport
Monster Stock Alerts
Monster family:
NGHI (Nevada Gold Holdings, Inc.) could be our largest pick that we have ever released in the mining sector. NGHI is a mineral exploration company focusing on identifying and developing large scale gold deposits in Nevada. NGHI operates solely in the state of Nevada.
Here are a few quick facts for you:
Gold is up 14.6% over the past year and 120% over the past 5 years.
If you took every ounce of gold ever mined in the history of the world, it would barely fill two Olympic sized swimming pools. Over half of this gold has been mined in the past 50 years.
Over 146.7 Million Ounces of Gold has been produced in Nevada since 1907, at a current value of over $135 Billion.
Nevada about 75% of the gold produced in the United States and 10% of the gold on the planet.
In 2005, only Australia and South Africa produced more gold than the state of Nevada!!!! That year they produced 6.7 Billion Dollars worth of gold.
More about NGHI:
NGHI is currently working on 4 target locations in the Rabbit Creek Gold trend where there’s said to be at least 50 million ounces of gold or $47.8 billion worth of gold.
NGHI would make about $120 per ounce found. NGHI is digging in an area where 50 million ounces of gold is said to exist. Let’s say that there are really 50 million ounces of gold at these locations. The total worth would be somewhere in the ballpark of $6 billion at $120 an ounce for the mining companies. If they found even 1/16th of that, revenues would explode.
Even if NGHI finds just 5% (5 million ounces) of the gold that’s there, they could see $300 million in revenues.
Management:
President and CEO, Dave Matthewson has 35 years experience as an exploration geologist and tremendous success in finding large commercial gold discoveries in Nevada. He is directly responsible for the discovery of over 25 Million ounces of gold worldwide.
Mathewson has vast knowledge of North Central Nevada geology and gone against popular belief to explore where no one else has been interested. Such risks have paid off greatly during his career.
During his tenure with Newmont Mining, Mathewson was involved with and drove the process of numerous acquisitions, many of which led later to discovery of gold deposits. Newmont Mining (NEM) is the 3rd largest mining company in the world. They have a $20 billion market cap.
Mathewson discovered approximately 5 Million Ounces of Gold in the Rain District of Nevada among four separate deposits. He also led Newmont’s Great Basin exploration team which was responsible for the discovery of the 3 to 5 Million Ounce Peninsula Gold-Bearing Gravel Deposit south of Battle Mountain.
As Manager of Exploration for Newmont on the Carlin Trend, the exploration team discovered significant extensions of gold mineralization at Newmont’s Gold Quarry mine and Mike deposit, comprising an additional probable 10 to 15 Million Ounces.
Start your research on NGHI now!!! This one has all the indicators of a company on the move.
Happy trading,
Mr. Liquid
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