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Gold/Mining/Energy : Newstrike Capital

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From: james flannigan	7/6/2013 9:52:23 AM
	of 188

There is none as blind as those who refuse to see The current wack a mole JR stock market is just about as dumb as it can get.The market is so focused on the falling spot gold price and that has caused investors to throw logic out the window.Case in point, Newstrike Capital on June 24th reported a drill hole in its near surface breccia bonanza Ana Paula gold discovery in Mexico.The headline on that hole was 214m of 3.29gt AU with another intercept of 20m of 16.8 gt AU.The stock done nothing as investors are so fixed on the falling gold price.I bet most only glanced at the result and then went back to sleep rather than take the time to view the hole in depth. But I did and discoverd the true meaning of the hole. AP-162 was drilled to a depth to test the extent of the breccia zone.As of today only 67% of the hole was reported with more results pending.But the market in all its wisdom failed to understand that the hole bottomed at the 1407m level and was still in ore.Prior to this hole Ana Paula was drilled to the 375m level and a reported 2.25 million oz AU 43-101 with the global resource at 5.25 million oz. So in effect the size of the deposit at depth is 3.7 times the volume of ore reported in the 43-101.This down plunge as added many many more millions of ounces in only one direction,yet the market sleeps.I bought more shares of Newstrike after that hole as I have always speculated and thought NES was going to unearth a monster world class discovery.That is no longer a speculation after that hole it is now fact.I once thought of Newstrike as a Ventana in the making.That is no longer fact its much bigger than Ventana in term or total gold inventory( there is no longer any doubt about it). Ike Bastista had done a recent interview were the reporter asked if he should have waited to buy Ventana until now were the stock price would likely be discounted by 90% like the reast of the market.Batistas reply "no we stole that deposit and think it was worth twice what we paid".As we know Batista paid $ 1.5 billion for the Ventana 3 million oz discovery. So inconclusion history books will one day show how fear can turn smart well educated people into throwing out logic and embracing stupidity.We are never likely to see a time like this were ever again were so many smart people dumb down in such masses. Your level of education is do not run with the crowed in this market as long as you can hold onto your logic.The market is handing you free gold in the shares of NES. Do you have what it take to pick it up? There will come a day when fear turns to logic in the market.One thing you can depend on is Human Nature alway plat two games fear and greed.

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