Replies to Msg. #650824
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 Msg. #  Subject Posted by    Board    Date   
34765 Re: NXG - *SOLD* (again)
   Yes that's sad but you aLways bounce back DE. That's why you still in...
capt_nemo   ROUND   03 Sep 2011
7:35 AM
34759 Re: NXG - *SOLD* (again)
   I now have a 5.3x "standard" stake in Northgate. If the price continu...
Decomposed   ROUND   02 Sep 2011
10:45 PM

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NXG - *SOLD* (again)

By: Decomposed in ROUND
Fri, 02 Sep 11 10:34 PM
Msg. 34758 of 45644
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I sold another 2x stake in NXG a half hour ago, at $4.23/share.

And no, Nemo. My average is nowhere near $2.75. I had sold *ALL* of my Northgate in July, remember? The shares I'm selling today were bought only a few days ago, at prices ranging from $4.00 to $4.38 per share.

I was badly screwed by Northgate's deals with Primero and AuRico. (I'm normally diversified enough that sudden actions don't hurt me too badly, but that one really stung.) I held large quantities of Northgate almost nonstop for ten years, bailed when the Primero deal was announced, then missed out on the huge price jump a month later when the Primero deal was scrapped and the AuRico deal announced. How sad is that??




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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