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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 671.910.0%Nov 14 4:00 PM EST

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To: GROUND ZERO™ who wrote (23695)8/17/2011 1:31:41 PM
From: Bob Miller2 Recommendations  Read Replies (1) of 218833
 
GZ,

I love all this talk about NGD.

In 2008 I bought a stock of a company that had all the characteristics of a stock I wanted to own. Great properties, good costs, and a stable political situation. It was called Western Goldfields. I liked the company a lot and would buy more shares on any dips.

In 2009 they were taken over by New Gold. My thoughts were that any company that liked my favorite stock was worth looking at. So, I began to investigate NGD. I wound up with a bunch of their stock with a cost basis of .92. Since 2009 I have sold off some of NGD to fund various splurges, and to considerably add to my Charitable Gift Fund . I still have enough shares to be one of my larger positions. It's been a good one!

Keep up the NGD talk. I have no problem if it goes to 30 or 40.

Best wishes,

Bob
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