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

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

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From: kayco	5/9/2009 4:59:39 PM
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NXG - I also am not a believer that gold stocks are going up much further, especially stocks like NXG which have gone from USD0.60 in Nov 08 to $1.70 now. But I thought with cash in hand NXG may be able to buy another small producer and ring every cent of productivity out of it and drive up the stock - we won't have to wait till 2012. I "believe" that the concept gold is a preserver of wealth has been revitalized and that the price of gold may be now more stable. Well run producers with good cash flow, like a well run manufacturer, can do well in this unstable environment. NXG has a new "AGM presentation" on their site. I can not find it. Maybe it has more info. My interest in Northgate goes back a long way - before it reincarnated itself in its present form.

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