SI
SI
discoversearch

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 : Northern Crown Mines (NCW-V)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: akpirate who wrote (190)7/20/1997 3:18:00 PM
From: Mark Bartlett   of 349
 
J. Robert,

<<However, I would like the advantage of his/your's/or anyone else's opinion of the latest release from NCW. I am still in the perpetual learning phase of investing, and think that this might be one of the better beat-up stocks out there. I have recently heard that the finances are running low, which would change the picture a bit. >

I think the release is quote positive and 1 million oz is not out of the question .... as to the cash situation, I would have to check with them. Valuating them at 1 million oz @ 50US\oz .... it is easy to se that ths stock is undervalued.

Obviously the thing that is killing all of these stocks at the moment is the fear that the price of gold could go down further ..... once we have confirmation that it looks like the price of gold should rise, I believe that NCW will do very nicely.

The other thing to remember ... if the price of gold _does take a nice run, the majors with the reserves will be where a lot of the monet goes ... the Newmonts, Barricks, etc.

MB
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News