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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 (66175)	7/12/2009 5:28:38 PM
From: tyc:>	Read Replies (2) \| Respond to of 78409

WDO is a good run-of-the-mill producer with exploration potential. But is it going up ? I haven't looked recently, and I am not enamoured of its current operations. My gold shares are LSG, IMG, G, WTM. NGD.wt.a, NGX and of course "you know what". I recently sold my ARZ just because they again hit the stop loss. Any sale of a stock that is falling provides funds for something going in the other direction.. (even cash !) So I buy on my perception of fundamentals in the expectation that the price is going up. If it doesn't, out it goes..... I thus hope to avoid big losses. . Really, the only thing I can suggest is, if a stock has you concerned, lighten up. I even "lightened up" on TRX ! lol. And I had some NGD as well as warrants but they've gone; the wts haven't reached my stop-loss point. I really believe one can buy stocks randomly so long as you manage risk with discipline. My stop losses are at a given distance from the last purchase, so that is the extent of my risk. I let profits run.

To: loantech who wrote (66175)	7/12/2009 6:13:00 PM
From: Martin Wormser	Read Replies (3) \| Respond to of 78409

Hi LT, I was just reading the q1 NGD report. They have 152 million in cash. Debt of 192 million. Maybe someone else should answer what interest payable on LT debt is. Simply, they can pay off their debt with their cash then their interst payable on LT debt will almost go away. Correct? I'm not an accountant. Their Q1 profit was 12 million. Not bad. Contractual obligations (in 000's US$) Total Long-term debt $192,027 Interest payable on long-term debt 182,346 Commitments & permits 22,934 Asset retirement obligations 33,200 Total contractual obligations $430,844 OTOH, why is NGD price going down? martin