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Stock Ideas Wall Street Stock Ideas Stock Alert NGHI
Stock Ideas Wall Street Stock Ideas Stock Alert NGHI 
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By Tom Dyson In the late 1940s, dozens of new consumer products hit the market, made by companies such as Avon, Xerox, Coca-Cola, and Polaroid. This period marked the beginning of the new American prosperity and consumption... and it triggered a huge bull market in the stocks of the companies that made these products. |
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| Stock Alert NGHI |
| Wednesday, 10 June 2009 | ||||||||
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I think you need to take a look at NGHI for several reasons. 1. Gold prices are going up. We are almost at $1,000 an ounce and I think we are going to break through that very soon. Jim Cramer at one point has predicted that gold will hit $1600 an ounce! 2. The dollar is very weak. It just fell to its lowest level against the euro in more than five months and even Warren Buffet thinks the long-term trend is looking down. When the dollar goes down, gold goes up. 3. Nevada is one of the most attractive exploration areas in the United States and frankly the world when it comes to gold. 4. NGHI's CEO and President Dave Mathewson, has 35 years of experience as an exploration geologist and is one of a handful of successful geologists in Nevada who has consistently found large commercial gold discoveries. NGHI could have a very profitable future as a result of all that I listed above. I believe NGHI is on their way to becoming one of the most prestigious exploration companies! NGHI's mission is to identify, acquire, and explore high-potential gold exploration properties in North-central Nevada. Let me tell you a little about NGHI's property in Nevada. NGHI currently holds a lease on one property, the Tempo prospect, located approximately 20 miles north of Austin, Nevada.
Tempo holds 146 contiguous unpatented lode claims, approx. 2920 acres, 4.6 square miles, and controls numerous indicated district-scale target opportunities! NGHI's Tempo prospect is located on the southern portion of the north-south trending Rabbit Creek Gold Trend, a prolific gold belt containing at least 50 million known ounces of gold! NGHI CEO and President Dave Mathewson has had success in the past finding 25 million ounces of gold! He was head of Newmont Mining's Great Basin and Carlin Trend exploration programs and during a 12-year period of time with Newmont, Mr. Mathewson and his teams were directly responsible for the discovery and expansion of more than 25 million ounces of gold!!! NGHI's current plan is to explore for gold at Tempo and then to acquire future exploration prospects. Let's look at NGHI's target explanations for the Tempo Property: Nothern Target: Lower-plate carbonate rocks. Large areas of decarbonization and jasperoids with anomalous gold and arsenic. Skarn Target: Lower-plate corbonates intruded by Laramide diorites with accompanying scarn alteration. Low-levels of gold encountered in sparce drill holes. Central Target: Gold and arsenic in soils, up to 6.5 ppm Au, straddling upper-plate carbonates. Southern Target: 5000 foot soil and rock anomaly in upper plate sliciclastic rocks. Trench anomalies ranging from 0.30 to 0.56 ozAu/st, and drill hole intercepts of 10 to 80 feet ranging from 0.025 to 0.164 ozAu/st in holes drilled to 205 ft. I believe NGHI could be on a path to huge profits considering that Nevada is one of the best places to engage in gold exploring. In 2005, approximately 7 million ounces of gold were produced in Nevada. This placed Nevada third behind politically unstable South Africa, and Australia! Nevada produces 75% of the US gold production and 10% of the annual global take and is home to some of the largest known gold deposits on earth! NGHI realizes that the demand for gold is huge which feeds the company's drive to execute successful exploring. Global demand for gold rose 38% to 1,016 tonnes between January and March of this year. According to the latest World Gold Council (WGC) report, Gold Demand Trends, in value terms, demand was up 36% at $29.7 billion! With gold prices forecasted to remain strong into the future, I strongly suggest you keep NGHI under the radar. More information on NGHI is available at their website: Always do you own research and consult with a professional.
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