NGCG - Company To Focus On Reclaiming Electronic Waste to Recover Lithium, Gold, Silver Copper and Other Metals
April 09 2018 - 10:16AM
InvestorsHub NewsWire
NGCG – Company To Focus On Reclaiming Electronic Waste to Recover
Lithium, Gold, Silver Copper and Other Metals
Vancouver, Canada -- April 9, 2018 -- www.penniesgonewild.com via InvestorsHub NewsWire
-- a leading independent micro cap media portal with an extensive
history of providing unparalleled content for undervalued
companies, reports on New Generation Consumer Group, Inc. (OTC Pink: NGCG).
Highlights:
NGCG Lithium main Focus
CEO Tom Kim and Shareholders
Gold and Silver
NGCG may not be at these levels much
longer.
See the 2018 filing and more on New Generation Consumer Group,
Inc. (OTC Pink: NGCG) on
https://penniesgonewild.com/wild-picks-due-diligence
New Generation Consumer Group Inc. is a US based metal/minerals
company with a primary focus on the rare metals, headquartered in
Los Angeles, California. NGCG specializes in metals such as
Lithium, Gold and Silver. There will be a emphasis on niche based
metals such as Lithium due to the growing demand because of the new
energy storage technology.
Lithium Main Focus
As lithium continue to show strength in price NGCG states “New
Generation will focus on reclaiming electronic waste to recover
lithium, gold, silver copper and other metals”. https://backend.otcmarkets.com/otcapi/company/financial-report/187399/content
The demand for lithium is projected to rise 8.9 percent per year
through 2019 to 49,350 metric tons. In lithium carbonate equivalent
(LCE) terms, the value of the global lithium market is projected to
reach $1.7 billion. NGCG is setting itself and preparing itself for
a major opportunity. https://www.freedoniagroup.com/industry-study/world-lithium-3331.htm
The Asia/Pacific region will see the fastest gains in lithium
demand through 2019. China dominates the world lithium market due
to the country’s massive output of goods manufactured with lithium
-- including batteries, glass, grease, air conditioning equipment,
and synthetic rubber. China is expected to register the world’s
strongest yearly increases in lithium demand, boosted by a nearly
threefold expansion in the country’s rechargeable battery segment.
https://www.freedoniagroup.com/industry-study/world-lithium-3331.htm
CEO Tom Kim and Shareholders
NGCG With Mr. Kim's many business interests in the US, Philippines,
Hong Kong, China and Canada he has decided that in the best
interest of NGCG and the shareholders that the company enter into
to the mining sector and in particular Lithium mining in which Mr.
Kim has many opportunities for NGCG.
Mr. Kim decided to focus the company on the mining sector after
months of research. He decided that becoming involved in real
assets would benefit the company and shareholders financial assets,
as real assets are at a 100 year low compared to financial assets.
https://www.otcmarkets.com/stock/NGCG/news/New-Generation-Consumer-Group-Announces-Corporate-Update-on-Company-Direction?id=137625
New Generation will concentrate it’s effort on increasing
shareholder value with asset based acquisitions of mineral property
rights and Joint Ventures with established mining companies. In
addition to acquisitions of electronic waste recyclers. https://backend.otcmarkets.com/otcapi/company/financial-report/187399/content
Gold and Silver
NGCG is also shifting to the gold and silver market which is
extremely undervalued.
Rob Kirby, a forensic macroeconomic analyst says people should be
looking to buy gold and silver for protection because it’s still
relatively cheap compared to the exploding value of some crypto
currencies. Kirby explains, “When you look at the price
differential between silver and gold, you see an ounce of silver
selling for around $18, and you see an ounce of gold going for
$1,340, and that means you would need to sell 75 ounces of silver
to buy one ounce of gold.
The ratio in nature suggests you should be able to sell eight
ounces of silver to buy one ounce of gold. This tells me one
of those two prices is very wrong. Either silver is too cheap
or gold is too expensive. I don’t think gold is too expensive
because I think it’s undervalued too. That leads me to
believe that silver is insanely priced and probably the most
underpriced asset on the planet. . . . I think silver will be going
up in price much more than gold, even though gold is going to go up
in price dramaticallyhttps://goldsilver.com/blog/silver-the-most-undervalued-asset-in-the-world/
Conclusion
With a new direction and new strategy NGCG is ready to reap major
profits from industries that are consider undervalued by many
experts. Gold and Silver could see a significant move any day now
as fear of trade war hit the markets. Lithium is a giant sleeper
who woke up last year to surprise many and is now set to soar in
the coming years. Every investor should look and consider NGCG for
their portfolio in our opinion.
NGCG may not be at these levels
much longer.
See the Filings and more on
New Generation Consumer Group Inc.
at https://penniesgonewild.com/wild-picks-due-diligence
(OTC Pink: NGCG)
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