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


To: marcos who wrote (61899)10/23/2008 5:45:19 PM
From: onepath  Respond to of 78409
 
My last purchase of ngd.wt.a was a day or so ago at .43 and I thought that was good at the time(ouch). Have traded myself into and out of this market so many times and got burnt on most of the trades.Just could not keep control of my fingers.Today was right out of control and smelled of a washout....HGU.to was down on over 8 million shares double the normal..... but still have no idea on how many funds still have to unwind.Like you I cannot see ngd or yri k etc. going out of business so one of these days it ends and then up. Mines have been around longer than wall street and i am sure they will be here long after wall street is just a history footnote.

...and i did not see much wrong with ngd's news release either.
biz.yahoo.com

trx....everything still moving along except the price has been obliterated like just about everything else.But will probably be one of the laggards on recovery(or i am planning it that way).lol



To: marcos who wrote (61899)10/23/2008 9:19:03 PM
From: Amark$p  Read Replies (1) | Respond to of 78409
 
bought some NGD today



To: marcos who wrote (61899)10/24/2008 12:38:29 PM
From: onepath  Read Replies (1) | Respond to of 78409
 
NGD indicates they will be picking up assets after hedge fund forced selling ends.....

NP says Millennia III managers sell their New Gold

2008-10-24 06:15 ET - In the News

The National Post reports in its Friday edition that Millennia III North American Small Company fund Canadian small-cap specialists Martin Dufresne and Patrick Potvin have sold all their New Gold stock. The Post's Sonita Horvitch writes in the Buy & Sell column that New Gold is based in Vancouver. New Gold has interests in Australia, Brazil, Mexico, Chile and British Columbia. "We owned shares in one of the constituent companies that was merged with two others to form New Gold," Mr. Potvin says. After this merger in the summer, "the stock rallied and we sold it as we did not like the combination of assets." New Gold stock retreated 45 cents to finish Thursday on the Toronto Stock Exchange at $1.28. The stock has a one-year range of $1.28 to $9.75. The Post reported on April 5 that Seymour Schulich was a major new New Gold shareholder. The stock was trading at $7.41. In the item the Post's Barry Critchley said he expected good things to come of the relationship. The managers have been selectively adding to their stockholdings. The managers have not deployed all their cash. They are waiting for "most of the forced selling by hedge funds and by individual investors facing margin calls" to end.