Canadian junior-stage exploration and mine development company New Carolin Gold Corp ($LAD:CA) ($MDULF) once sold for $60 per share in 1982. Owning the same Canadian gold deposit that’s now showing potential, the company has a current market capitalization under $4 million (75,004,997 shares outstanding at $0.05 cents per share). According to Mining analyst Jay Taylor of Hard Money Advisors, New Carolin presents a significant opportunity for investors.
Currently advancing its Ladner Gold Project, a 144 square kilometers of contiguous claims located in Southwestern British Columbia, the company now owns 100% of the southern portion of the entire project. New Carolin also owns 40% of the northern portion of the target, with the remaining portion owned by Century Mining in receivership.
Bob Thast, President and CEO of New Carolin Gold, believes that New Carolin has the potential for "moon shot" gains. In a recent 25-minute audio interview, Thast discussed how New Carolin Gold makes an exceptional value proposition and challenged listeners to compare anything else in the market and measure it up to what New Carolin has to offer.
“I think that the cash flow story [from the gold in the tailings], with the current assets, the large land package, a clear geological story that tells us there could be many millions of ounces on this property,” said Thast, “we know we’ve got two resource estimates now, we’ve got a new discovery zone which we’re going to be talking more about here in the markets in the coming months, and certainly we believe that with a million dollars of development money that we can really advance this cause and substantially increase the current resources, and our aim is to prove up well over a million ounces of a mining grade with that money."
With a “BUY” recommendation from a trusted industry leader and promising growth prospects, New Carolin Gold is the buzz of the gold mining investment world.
Listen to entire interview in the video below.
For more information about New Carolin Gold, visit www.newcarolingold.com.
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