beabaggage

Time to Revise Our Gold Expectations

Another stupid analyst with another stupid way to account for the price of a junior mining stock. No honey, it is all based on fear and speculation. NXG should be upgraded, she has obviously not looked at their propects, ever increasing, which are not reflected in the book value NOR their totally written off major copper and gold asset, Kemess North. Once the CN govt starts dealing with many u/e people and Harper gone, the greenies will be silenced and KN will be back on the table, damn the stupid lake they are worried about.
We will see who is around longer, Credit Suisse or Northgate (as a stand alone company or part of some other major gold producer at some point!)

Long NXG and I read the reports and updates, not liek this idiot.
NXG producing 130,000 oz of gold this quarter, that is $100million of gross cash plus some copper offset and lower fuel and supply costs. Plus copper hedges from 6/09 on for Kemess South at north of $2.50 a lb.

Safe Haven Investments: Imminent Danger and Opportunities

The government should buy SWC and PAL as a strategic investment to secure supply. close the mines, then we have Fort Knox north with PAL/PLAT stored. I think CN will start some sort of rescue or incentive plan for the mines to thwart the closings because it is going to crush these small mining towns if they all start closing. Maybe bridge loans at no interest or storage arrangements or something.
But what will really probably happen is someone is going to buy up PAL and/or SWC for cheap. Would be petty cash for Gold Fields, Barrick, GG or someone.

Long both, buy!

Copper Prices Slumping; Targets Cut for Barrick Gold and Goldcorp

As long as copper's primary production comes from politically/labor unstable production centers, companies with copper production in producing stable mines will be valuable. It is just a matter of time before FCX or Xstrada buys something like NXG, selling for $1.14 a share now with vast qualtities of proven reserves. Just to sit on it until prices rise. We may also be surprised this quarter to see some hedges place on some of these "unhedged" production companies locking in good prices on some production.
Long NXG, just bot more.

High Number of Gold and Silver Mergers Forecasted

Good points, own NXG, CDE. Same could also be said/apply to PAL, SWC that I also own re plat/palladium group metals. Large cap prec metal cos could easily swallow these companies to diversify further into mostly "safe" country places like CN/AUS/USA/MEX.