Northgate Exploration Limited - TSX: NGX; AMEX: NXG 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 : Northgate Exploration Limited - TSX: NGX; AMEX: NXG

NXG 50.72

+1.3%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Northern Marlin	1/15/2005 8:10:45 AM
	of 148

NXG posted their 4Q04 & 2004 production numbers on 1/10/05 and their 2005 forecast the following day. Use this link to get to the press release area of their website: northgateexploration.ca This company continues to execute almost flawlessly. They've gotten the most out of the Kemess South ore body that anyone could expect. I'm also impressed with the way they've handled themselves with regard to Kemess North. They avoid negotiating publicly; they don't speculate on hypothetical situations. Based on those production numbers and the announced average price of $1.40/lb for copper in 4Q04 I'm going to guess net income for the quarter will exceed $.08/share and EBITDA will be around $30 million. I haven't posted for a while because my employment situation has changed. The downside is I've been getting accustomed to working with new software. The upside is I'll soon be rolling my old 401k accounts into my IRA. How I would love it if the price of NXG continued to languish in the $1.50's until I get control of that capital...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next