Gold and Silver Juniors, Mid-tiers and Producers Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: onepath	3/5/2008 9:52:37 AM
	of 78419

Globe says profits won't go south with Northern Rivers 2008-03-05 07:29 ET - In the News The Globe and Mail reports in its Wednesday, March 5, edition that Northern Rivers Innovation Fund LP portfolio manager Hugh Cleland sees a lot of promise in Western Goldfields. The Globe's Melissa Martin writes in the BNN Market Call column that Western Goldfields stock slipped 22 cents Tuesday on the Toronto Stock Exchange to close at $3.68. The stock has a one-year trading range of $1.73 to $4.13. Mr. Cleland likes Western Goldfields for many reasons. He likes the company's management, its reserves and its United States mine. Plus, Mr. Cleleand believes the stock is now undervalued. In his general outlook Mr. Cleland says: "As our cash position indicated we are cautious short-term about the market and economy. We believe that this environment bears many similarities to the recession of 1990-91, and if we are right on this, the market should put in its lows some time between now and the next couple of months. It is market environments like this that lay the ground work for the next one to two years of performance by giving us the opportunity to buy our core positions at advantages prices." Mr. Cleland said buy Western Goldfields on March 26, 2007. It was then trading at $2.28.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next