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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Sam who wrote (169)9/1/2003 2:14:00 AM
From: Andrew  Respond to of 29622
 
Actually I have been watching NRI closely.

Donlin Creek is one of the largest undeveloped projects in the world. These are the type of companies I like to own as I feel they have the greatest upside leverage.

I also noticed it is stalled. If you draw a trend line on the weekly chart from the lows in July 2001 through the lows in July 2002 and extend it out you will see that it was broken in February of this year and that now the price has come back up below this trendline and is having trouble breaking back above it.

chart.bigcharts.com

Can it break back above is the question. I have no doubt this stock can go higher if gold goes above 400 as the economics of the project will obviously improve. I don't know much about the fundamentals behind Donlin Creek and would be interested in hearing your views.

CBD chart seems to have a nice steady uptrend.

stockcharts.com[w,a]wacayyay[pd20,2!b40][vc60][iLa12,26,9!Lh14,3]&pref=G

I wouldn't say AZS is a better place to be, just that its worth looking at for someone who would like some good upside leverage to higher gold prices.



To: Sam who wrote (169)9/1/2003 4:10:09 AM
From: TheBusDriver  Respond to of 29622
 
I held NRI too but sold it after it stalled at a little over $5 when this last run up started. NRI is a producer and should have done better, CBD is an explorer and it news event driven, not the same thing. I would agree that as CBD advances its discoveries it is becoming more sensitive to the price of gold though! With POG above $400 I think CBD will kick into high gear....

Wayne