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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: loantech who wrote (60002)6/15/2008 8:37:45 AM
From: tyc:>  Read Replies (1) | Respond to of 78412
 
Kemess North is history. Young Davidson is taking no longer to explore/develop than any other new mine prospect. As for the Aussie properties, I am no judge, but I have confidence in the judgment of NGX management.

NGX is reaching its prime ! Kemess South has been a profitable mine through an era of high metal prices. Its accumulated profits are now being reinvested in new mines diversified in locale. For me it's a core holding. There are flaws... not the least is the $80M they have tied up in illiquid paper ... but this is well discounted in the stock price IMHO.