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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (145483)	2/5/2009 1:33:40 PM
From: Anchan	Read Replies (2) \| Respond to of 313013

Re: NGD -- You think they are going to do a PP very soon? End of September 2008, they had $251 million in cash. For 2009, they say they need capex of $107 million. Even discounting that, they should still have a good chunk in the till, no?

To: Rocket Red who wrote (145483)	2/5/2009 1:51:18 PM
From: marcos	Read Replies (3) \| Respond to of 313013

ktn.v - adding a bit on news - Message 25388225 ngd - sold my common earlier, for other reasons - the gap-up, also because it's the three-loonie margin level and they usually play around with that for a while, close it below at least once ... but yes, financing is another possibility, i'm pretty sure they see New Gold as a consolidator vehicle, Metallica and Peak won't be the last ml.to - sold the pop, looking for pull-back usa.v - Au/Ag ratio under 72, on an uptick for gold ... slowly but surely