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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: ogi who wrote (2734)3/27/2002 2:42:00 PM
From: baystock  Read Replies (3) | Respond to of 39344
 
Northgate has been underperforming most gold stocks the last 3 months. They are in the middle of a rights offering that expires end of today, and this may have been keeping a lid on the stock price. Eldorado has gone up 200% while NGX has been flat:

finance.yahoo.com

After their C$140 million financings, their market cap will be around US $110 million which is not a lot more than that of Eldorado.