Northgate: Mid-Tier Gold Producer with Strong Cashflow [View article]
If Jp, Citi, Merrill all have had to buy back their ARSs is Lehman far behind. NXG should sue Lehman and make them buy the 70MM back. Mass. AG just anounced tht Fidelity should buy back all their outstanding ARSs also. If Lehman doesn't go under before hand, I think NXG will get their $ back.
That alone can't be the only reason 400k of unhedged gold is selling at $1.60. That price is ridiculoous. There are many explorers, etc. that trade above $1.60 and have NO cash flow. it is not an issue of reources. Between KS,Australia, and YD there is plenty. NO it is the naked shorts that are killing me and NXG. I have respected people in the precious metals market suggest that NXG s/b at $4-7/sh. Look at AQI, ANV,JAG,AZK,etc. all in the $4-7 range-but not NXG. Very confusing to me. Anyway I am long NXG, have been for years, because hope springs eternal - or at least a takeover does.
Darrell Brookstein on Gold: Just a Pullback in a Bull Market [View article]
Yes ,yes longhaul - you tell'm.. I wish Mr. Brookstein had mentioned Northgate, NXG. This is the most frustrating stock EVER. Would somebody please , please tell me how a co. producing 400k gold ,unhedged, in safe areas be at $1.60. How? That is $320MILLION in rev per year and more coming from YD property. Please somebody send me an email @ racngc@bellsouth.net explaining what I am missing here. Thank you.
Joey, if you read these comments I would appreciate your opinion of another Nunavut co. - Sabina Silver. I own lots of shares, they have lots and lots of ore, silver, etc. but the stock has done nothing in the last year or so. Do you like their new CEO? Please email me at racngc@bellsouth.net. Thank you.
It is all about the naked shorts. How can the SEC allow this illegal activity to continue to ruin many companies? Everybody writes about it, but we,as a group have NO power. You think this is bad, and I long many, many jrs., NXG is $2/sh with 400k of unhedged gold in 08. At $1,000/oz that is $400 MILLION. $2/sh are you kidding me. There is ONLY one explanation-naked shorts. Just as the shorts are killing, so far, the silver price. But when it ends, and it will, then we will not be able to count high enough to count all of our profits. Good luck and DON"T sell.
Jaguar Lowers 2008 Production Guidance [View article]
How can this company be targeted a higher share price than KGC<AUY<IAG at only 120k/yr production. Yes they have only 65mil shares but come on. Even much maligned NXG is going to do 400k/yr and they are at $2.12/sh, although with 255 mil shares. Or how about AZK with 175k/yr and only at $4.55/sh. I surely don't understand all the various prices on these gold/silver stocks. They don't have any ryhme or reason to me and I have been at this for over seven years now. Made some $ but very, very confusing.
My wife says Ken Stowe was born in a mine and still lives there. His command of the english language is 3rd maybe fourth grade level. It is a joke trying to read this news cast. Now I know why the stock continuesto disappoint big time. STILL investing in ARSs with all that is going on in the financial markets - absurd!!! Get a new CFO. While your at it get a CEO that speak and write english and give an accurate and detailed accounting of what is going on within his company. Better yet -sell the company to GG,KGC,AUY or somebody who can get things done. Thank goodness Auziron fought and won the merger battle a couple of years ago.
Now I know why this stock is only $2.12/sh. I thought it was the naked shorts but it is the naked CEO.
Sean Rakhimov: 3-Digit Silver Ahead [View article]
excellent. just excellent. I already own most of the mentioned cos. but the idea of nationalization was just written up by Bix Weir in a recent article to GATA. Just an outstanding article you presented here. A little more of the Ted Butler opinion on the shorts/FTDs would have been good and how bullion fits, but overall A+.
John Tumazos: Benefiting From the Duluth Complex [View article]
State of Minn says I and only I plant[mill] in the area. It has taken PLM years to get this far with the permitting. DM is light years away and the commidities boom may be nearly over by 2020. How can the stock be at 2.50 with 10 mil of PGMs? That's BIL of $. By 2020 we will all be in electric cars driven with AG/Zn batteries and won't need platinum/palladium. SOOOO, why wait? I am holding PLM for the spike on the permit, then gone baby gone.
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Latest | Highest ratedNorthgate: Mid-Tier Gold Producer with Strong Cashflow [View article]
NXG should sue Lehman and make them buy the 70MM back. Mass. AG just anounced tht Fidelity should buy back all their outstanding
ARSs also. If Lehman doesn't go under before hand, I think NXG will get their $ back.
That alone can't be the only reason 400k of unhedged gold is selling at $1.60. That price is ridiculoous. There are many explorers, etc. that trade above $1.60 and have NO cash flow. it is not an issue of reources. Between KS,Australia, and YD there is plenty. NO it is the naked shorts that are killing me and NXG. I have respected people in the precious metals market suggest that NXG s/b at $4-7/sh. Look at AQI, ANV,JAG,AZK,etc. all in the $4-7 range-but not NXG. Very confusing to me. Anyway I am long NXG, have been for years, because hope springs eternal - or at least a takeover does.
Darrell Brookstein on Gold: Just a Pullback in a Bull Market [View article]
Junior Miners On Sale [View article]
Junior Miners On Sale [View article]
Jaguar Lowers 2008 Production Guidance [View article]
Northgate Minerals Corp. Q2 2008 Earnings Call Transcript [View article]
Now I know why this stock is only $2.12/sh. I thought it was the naked shorts but it is the naked CEO.
Sean Rakhimov: 3-Digit Silver Ahead [View article]
John Tumazos: Benefiting From the Duluth Complex [View article]