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Gold/Mining/Energy : Northgate NGX on NYSE

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From: NYBob13/1/2008 1:48:42 AM
   of 89
 
Northgate NGX/NXG - Fourth Quarter Highlights -

- On October 29, 2007, Northgate announced its proposal
to acquire
Perseverance Corporation Ltd. -
("Perseverance"), an Australian gold producer with two
fully-permitted gold mines.
The deal was approved by Perseverance securityholders and
closed on February 18, 2008.

- Northgate closed out its gold hedge book and is now
completely exposed to future gold price changes.

- Production of 41,467 ounces of gold
and 16.8 million pounds of copper
from the Kemess South mine.

- Quarterly gold net cash cost of $18 per ounce and
an annual net cash cost of negative $22 per ounce of gold
for all of 2007.

God Bless America

Ps.
Judge for yourself and then decide whether you wish
to join the strike.
WE ARE CHANGE!!!

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