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Gold/Mining/Energy : NORTHGATE EXPL (NGX.TO)

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To: Elizabeth Andrews who wrote (84)7/13/2002 10:30:50 AM
From: Joey Two-Cents  Read Replies (1) of 158
 
Liz,

An interview with Frank Holmes who manages the Global Resource Fund (US GLOBAL INVESTORS FUNDS) said in a July 11th interview with CBS marketwatch that NGX is going to be listed on the AMEX. Have you heard this before?:

"We also bought a lot of Northgate (CA:NGX: news, chart, profile), and then we bought Wheaton River (CA:WRM: news, chart, profile) and Apollo Gold (CA:APG.U: news, chart, profile). All three are traded on the Toronto Stock Exchange, but are in the process of being listed on the American Stock Exchange. All three are trading below net asset value, and they're all gold producers. We feel they are the type of companies that will be acquired"

marketwatch.com
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