newstrike capital inc (NES:Venture)
newstrike capital inc (NES) Snapshot
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Open
C$0.77
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Previous Close
C$0.78
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Day High
C$0.77
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Day Low
C$0.74
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52 Week High
09/24/12 - C$2.69
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52 Week Low
05/7/13 - C$0.74
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Market Cap
86.2M
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Average Volume 10 Days
58.9K
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EPS TTM
C$-0.01
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Shares Outstanding
114.9M
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EX-Date
--
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P/E TM
--
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Dividend
--
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Dividend Yield
--
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Newstrike Capital Inc., an exploration stage company, engages in the acquisition, exploration, evaluation, and development of mineral properties in Mexico. The company primarily explores for the gold and silver ores. It holds 100% interests in the Ana Paula project covering 88,952 contiguous hectares, as well as 4 mineral claims covering 7,622 hectares located in the Guerrero Gold Belt; and approximately 26,000 hectares in 2 claims in Oaxaca State. The company was incorporated in 2000 and is based in Vancouver, Canada.
newstrike capital inc (NES) Top Compensated Officers
newstrike capital inc (NES) Key Developments
Newstrike Capital Inc., Annual General Meeting, Jan 30, 2013., at 10:00 Eastern Standard Time. Location: Suite 2600 - 1066 W. Hastings St.. Agenda: To consider the financial statements for the year ended July 31, 2012, together with the auditor's report thereon; to consider and fix the number of directors at six; to elect directors for the ensuing year; to consider the appointment of Davidson & Company LLP, Chartered Accountants, as auditor of the company for the ensuing year and authorize the directors to determine the remuneration to be paid to the auditor; to consider the company's stock option plan, as required annually by the policies of the TSX Venture Exchange; and to consider the transaction of such other business as may properly be put before the Meeting.
Newstrike Capital Inc. Presents at Scotiabank GBM Mining Conference, Nov-27-2012 04:20 PM. Venue: King Edward Hotel, 37 King Street East, Toronto, Ontario, Canada. Speakers: Gillian Kearvell, Vice President of Exploration.
Newstrike Capital Inc. announced the results from 8,035 meters in 15 drill holes completed this period at the company's 100%-owned Ana Paula Project in the Guerrero Gold Belt, Mexico. These drill results are from new exploration holes and from the Breccia Zone delineation program. The drill holes in this series are collared in the northeast and southeast quadrants and targeted the Lower Grade Mineralization. Other intervals include 5.92 meters of 1.91 g/t Au and 3.20 g/t Ag that includes a 1.11 meter interval of 8.92 g/t Au and 10.1 g/t Ag, a 10.9 meter interval of 1.16 g/t Au and 2.3 g/t Ag that includes a 1.15 meter interval of 8.77 g/t Au and 4.4 g/t Ag and a 20.29 meter interval of 0.64 g/t Au and 1.1 g/t Ag. A total of 8,035 meters in 15 new holes including AP-12-116 to AP-12-130 are reported, completing 30,000 meters of drilling from this year's 45,000 meter drill program. Results from an additional 5,000 meters of drilling are pending from the laboratory and drilling continues with four rigs on site. The results reported include new exploration drilling in the southwest quadrant and a series of infill drill holes required for this year's delineation program. The delineation drill program results, including the infill drill holes reported, are sufficient to advance to the initial resource now scheduled for the end of calendar year 2012. Final scheduling of the resource estimate is dependent on the receipt of ongoing engineering and metallurgical studies. Mineralization at Ana Paula still remains open in several directions including at depth. New exploration and higher density delineation drilling will continue into the 2013 exploration year, along with a program of scoping and optimization studies. The results presented are from infill holes targeting the lower grade mineralized corridor that trends north and south from the high grade breccia zone. Typical for the target type each drill hole intersected multiple gold mineralized intervals that are separated by barren intervals as highlighted on Table 2. AP-12-117, 118, 119, 121, 122, 124, and 130 are infill holes in the delineation drill program that intersected lower grade mineralization. AP-12-123 and 125 are infill holes that were added as a follow up to the results reported on September 13th, 2012. These holes intersected stronger mineralization over multiple intervals throughout most of their drill length. Drill holes AP-12-118 and 125 both ended in mineralization. Drill hole AP-12-127 tested an area of stronger silver mineralization located in the northeast quadrant and provided infill in that area as well. Drill hole AP-12-122 was mineralized from 32.72 meters to 334.33 meters including intersections of 13.57 meters of 0.60 g/t Au and 4.7 g/t Ag, 13.40 meters of 0.50 g/t Au and 1.1 g/t Ag, 50.66 meters of 0.44 g/t Au and 1.2 g/t Ag, 24.80 meters of 0.41 g/t Au and 1.8 g/t Ag, 17.77 meters of 0.42 g/t Au and 2.0 g/t Ag and 8.45 meters of 0.61 g/t Au and 4.1 g/t Ag. AP-12-123 intersected strong mineralization from 233.58 meters to 583.12 including 12.17 meters of 1.15 g/t Au and 5.3 g/t Ag that also included 4.90 meters of 2.37 g/t Au and 6.6 g/t Ag, 16.26 meters of 1.13g/t Au and 2.3 g/t Ag that includes 5.52 meters of 2.85 g/t Au and 3.1 g/t Ag. Additional intersections include 5.30 meters of 0.62 g/t Au and 2.2 g/t Ag, 5.00 meters of 0.86 g/t Au and 2.6 g/t Ag and a 9.38 meter interval of 1.06 g/t Au and 1.6 g/t Ag. AP-12-124 intersected 4.20 meters of 0.41 g/t Au and 2.4 g/t Ag and 4.30 meters of 0.35 g/t Au and 10.9 g/t Ag. AP-12-125 intersected mineralization over most of its drill length including 0.48 g/t Au and 21.3 g/t Ag over 28.42 meters starting at 5.35 meters from surface. Other intersections in this hole includes 26.07 meters of 0.59 g/t Au and 1.6 g/t Ag, 9.13 meters of 0.72 g/t Au and 0.6 g/t Ag, 15.36 meters of 7.92 g/t Au and 3.8 g/t Ag that including a 0.52 meter interval of 190.06 g/t Au and 12.1 g/t Ag. Other intersections include 12.45 meters of 0.80 g/t Au and 1.1 g/t Ag, 46.85 meters of 0.38 g/t Au and 0.1 g/t Ag and a 9.40 meter intersection at the end of the hole of 0.62 g/t Au and 0.5 g/t Ag that also includes 4.90 meters of 0.93 g/t Au and 0.9 g/t Ag. AP-12-127 intersected 8.50 meters of 0.32 g/t Au and 7.07 g/t Ag, 3.80 meters of 0.08 g/t Au and 14.54 g/t Ag, and 7.65 meters of 0.11 g/t Au and 22.33 g/t Ag that includes 0.74 meters of 0.53 g/t Au and 97.0 g/t Ag. Drill hole AP-12-129, testing the outside edge of known mineralization, was arguably the least mineralized of the series and is a step out located over 200 meters south of previous drilling. Drill hole AP-12-129 shows that mineralization still remains open to the south intersecting 2.30 meters of 0.52 g/t Au and 8.9 g/t Ag, 6.95 meters of 0.30 g/t Au and 8.7 g/t Ag and a 2.13 meters of 0.54 g/t Au and 23.3 g/t Ag. AP-12-130 intersected mineralization over most of its length including 7.27 meters of 1.30 g/t Au and 31.1 g/t Ag that includes a 0.30 meter interval of 7.75 g/t Au and 102.0 g/t Ag and a 1.33 meter interval of 2.84 g/t Au and 103.0 g/t Ag. Another intersection of 5.92 meters of 1.91 g/t Au and 3.2 g/t Ag includes a 1.11 meter interval of 8.92 g/t Au and 10.1 g/t Ag. An additional intersection of 10.90 meters of 1.16 g/t Au and 2.3 g/t Ag includes a 1.15 meter interval of 8.77 g/t Au and 4.4 g/t Ag, and a 20.29 meter intersection of 0.64 g/t Au and 1.1 g/t Ag. Drill holes AP-12-116, 120, 126 and 128 tested several widely spaced targets in the southwest quadrant that are part of a series of new exploration holes testing the contact zone between highly altered sediments and an altered and mineralized intrusion that outcrops in this area. AP-12-116 was collared in the southeast quadrant and drilled west into the southwest quadrant that intersected a new gold and silver mineralized zone to the west of the main Ana Paula deposit. AP-12-116 intersected silver mineralization from 7.50 meters to 61.90 meters that includes 31.30 meters of 0.07 g/t Au and 24.1 g/t Ag and 19.30 meters of 0.05 g/t Au and 19.1 g/t Ag. Another 5.14 meters intersection of 0.93 g/t Au and 17.0 g/t Ag that includes a 1.03 meter interval of 2.64 g/t Au and 25.1 g/t Ag. The longest intersections in AP-12-128 include 12.63 meters of 0.33 g/t Au and 9.1 g/t Ag that also includes a 1.10 meter interval of 1.09 g/t Au and 23.9 g/t Ag, and an intersection of 10.37 meters of 0.10 g/t Au and 16.5 g/t Ag. AP-12-128 is located on the most westernmost contact of the intrusion that outcrops in this area and results from this hole suggest.
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| Valuation | NES | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | 1.5x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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