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Gold/Mining/Energy : Northgate NGX on NYSE -- Ignore unavailable to you. Want to Upgrade?


To: Tom Shutters who wrote (43)1/16/1999 6:46:00 PM
From: keith massey  Read Replies (1) | Respond to of 89
 
With the Euro being considered stable I doubt Gold will see any significant rise in the next couple of months. I am however expecting a rise in the last 6 months of the year as 2000 comes closer and panic sets in. If RYO doesn't fail NGX will get a 15% return on their initial investment and shareholders only get an account with a little more money in it. I don't think a rise in gold will result in any big moves in NGX. However if RYO fails NGX is sitting in a very nice position.

Best Regards
KEITH