• Julius Ferraro
    To buy NEM at 50 or not to buy, that is the question
    4/3/12
    Reply (13)
    • jdub2788: Huge support there.
      4/3/12
    • Julius Ferraro: Yea thats why it looks so good but the miners as a whole are just sucking. Rising costs are a killer.
      4/3/12
    • OneLongTrade: Blew through $50. It was downgraded today. And strong dollar/weak gold = ugly action in NEM.
      4/3/12
    • Youngone91: in 2 weeks will you be upset? maybe/probably. 2000 gold-5% yield on NEM so if ure bullish on gold just try averaging in
      4/3/12
    • David Urban: There are questions about their ability to achieve their 2016/17 goals. I expect them to make an acquisition.
      4/3/12
    • Julius Ferraro: Other gold companies aren't doing any better. I would hope they wouldnt buy something. Kinross and Nova gold are examples of wat not to buy
      4/3/12
    • David Urban: Nova Gold really should have been taken out some time ago. I did have a chance to talk with the spinoff companies at the 2012 PDAC.
      4/3/12
    • David Urban: Going to take a deeper look at the copper projects.
      4/3/12
    • David Urban: Barrick impressed me a lot as did Yamana at the 2012 PDAC. Barrick's exploration work has gone unnoticed and is impressive.
      4/3/12
    • Julius Ferraro: I am now way to scared to buy NEM. Feeling enough pain with my GLD atm.
      4/4/12
    • Youngone91: probably means you should buy
      4/4/12
    • Julius Ferraro: heh one would think but i have enough exposure to gold as of yesterdays 2:00 drop
      4/4/12
    • David Urban: Nibbling a bit but my portfolio is pretty much long gold/short the broad market.Do not want to tinker too much with the overall exposure.
      4/4/12
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