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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (14756)2/8/2010 11:16:01 AM
From: Tommaso1 Recommendation  Read Replies (1) | Respond to of 48092
 
Well, I am (so far) glad that I gathered my courage and bought back into NGD. It's up about 6% today. The only real drawback is the problem in Mexico, where the Cerro de San Pedro mine does represent about 20% of its production. If that can be ironed out, I would not be surprised to see NGD turn into a "blue chip gold stock" and triple again in price. They have Pierre Lassonde on board (also Seymour Schulich) and are on track to be producing a million ounces in a couple of years.



To: Tommaso who wrote (14756)3/3/2010 11:17:20 AM
From: loantech  Respond to of 48092
 
NGD looking good I am also looking at taking a position in GDX and GDXJ to let the etf's take some of the decisions of individual picks away.