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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 (67501)	10/13/2009 11:27:42 AM
From: tyc:>	Read Replies (1) \| Respond to of 78406

I like NXG. Don't hold in my own account any because "You can't kiss all the pretty girls". (But there's some in my daughter's account). Yes. Better copper prices are great for NGD, both for the New Afton project and for El Morro which, with all due respect to WGI (?), are its future..... I note even Goldcorp says it might pay more attention to base metals.. presumably because gold has already done so well. What onepath has pointed out in that last post of his, is interesting. I wonder what Lassonde and Schulich think of that right of first refusal. It seems to me that ABX has set a low price on El Morro. (I sure like the way that a base metal content hedges total revenue of a primarily gold producer..... and vice versa. Does that explain ABX's interest in El Morro ?).

To: loantech who wrote (67501)	10/13/2009 11:44:25 AM
From: Tommaso	Read Replies (1) \| Respond to of 78406

Higher copper prices are bound to improve the bottom line for NGD. When gold gets to be really fashionable as an investment (and in the last 100 years the only time it was occurred thirty years ago, 1972-1980), analysts and portfolio managers may start looking for names besides Newmont, Barrick, etc., and NGD could multiply in value over several years.