New Guinea Gold Corporation
TSX VENTURE : NGG

New Guinea Gold Corporation

March 05, 2007 16:30 ET

Fundamental Research Initiates Coverage of New Guinea Gold

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 5, 2007) - Vancouver based Fundamental Research announced that the firm had initiated coverage of New Guinea Gold Corporation (TSX VENTURE:NGG) with a BUY (Highly Speculative) recommendation. Analysts Michael Casserly MBA and Siddharth Rajeev B. Tech MBA and associate Martha Buckwalter Davis BA (Geology) authored the report.

Fundamental Research Corp. is an independent equity research firm providing institutional-quality research on smaller cap companies. The companies covered are selected using a value screen in order to identify under-valued stocks (BUY) or grossly overvalued stocks (REDUCE). Fundamental Research Corp. is registered as a securities advisor with the British Columbia Securities Commission.

To obtain a copy of the report contact Vanessa Collette at Fundamental Research Corp. vcollette@researchfrc.com or call 604-682-7050.

ON BEHALF OF THE BOARD

NEW GUINEA GOLD CORPORATION

RD McNeil, Chairman and CEO

The statements made in this News Release may contain certain forward-looking statements. Actual events or results may differ from the Company's expectations. Certain risk factors may also affect the actual results achieved by the Company.

The TSX Venture Exchange has not reviewed and does not accept the responsibility of the adequacy of this release.

Contact Information

  • New Guinea Gold Corporation
    Judith O'Quinn
    (604) 662-3598
    (604) 669-6257 (FAX)
    or
    New Guinea Gold Corporation
    Forbes West
    1-888-655-5532
    Email: ngg@telus.net
    Website: www.newguineagold.ca