Northgate Minerals jumped 13 cents today, to $2.96. I think that puts you back into the black, right Beijing Bill?
It's kind of nice, too, to see that it has been outperforming Great Basin Gold - which is heavily hyped by Jim Sinclair. In the chart below, NXG is up versus GBG by more than 8 percent in six months.
I think NXG is primed for a run - but then, gold may be as well. I actually believe gold's short-term RISK is slightly greater than gold's short-term POTENTIAL right now. I won't take any action yet. The risk isn't high enough.
Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months
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