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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 395.880.0%4:00 PM EST
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To: Wade who wrote (2673)1/19/2006 4:49:25 PM
From: orkrious  Read Replies (1) of 29622
 
NG is my third largest position at this point.

I'm glad you guys both like it.

It's by far my largest position.

Until a few weeks ago it was in the middle of the pack and I had way too much PAAS. Since PAAS has a lot of their reserves in Peru I decided to do some reallocation. I rolled half of my PAAS into SSRI and most of the rest I put into NG.

Not only do I like the all North American reserves, they are cheap. When you throw in Galore Creek's copper, they have about $34 in reserves for every $1 in market cap.

I have roughly 20% of my PF in NG.
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