New World Gold Corporation , (OTC Pink:NWGC), a g
Post# of 72742
Posted On: 02/04/2015 1:42:52 PM
New World Gold Corporation , (OTC Pink:NWGC), a gold mining and milling company with existing operations in Ecuador and Peru is pleased to announce that on February 4, 2015 it signed an agreement with Aguila Dorada De Sur America Aguidomerica SA a Chinese based company to supply a minimum of 120 kilos of gold (4225 ozs) per month to a maximum of 200 kilos per month. The minimum monthly value of the contract is estimated to be $4,761,000 . Assuming an average price of gold for a year to be $1240.00 per oz, this contract will generate approximately $57,000,000 in revenue in the first yea
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