Sunday, April 16, 2006 6:25:56 PM
2create,
Congrats on entry point.
What kind of conservative target are you looking for in NXG?
Looks like they earned .11 last qtr, and with copper prices rising so, seems they would be able to keep up these earnings giving it a cheap forward p/e of 7-8. The only downside i can find is that their main mine is set to retire in 2009??
Mining sector hot right now...so could be good for a relatively quick run to 4-5+
After being negative on the stock in a lightening round, Cramer, two days later, said he liked NXG ....think this was thursday. Someone should tell him to do some dd on stocks before he makes a recommendation. This rec was the reason for Ah's activity to 3.30 thursday afternoon.
Peace
Livin
Congrats on entry point.
What kind of conservative target are you looking for in NXG?
Looks like they earned .11 last qtr, and with copper prices rising so, seems they would be able to keep up these earnings giving it a cheap forward p/e of 7-8. The only downside i can find is that their main mine is set to retire in 2009??
Mining sector hot right now...so could be good for a relatively quick run to 4-5+
After being negative on the stock in a lightening round, Cramer, two days later, said he liked NXG ....think this was thursday. Someone should tell him to do some dd on stocks before he makes a recommendation. This rec was the reason for Ah's activity to 3.30 thursday afternoon.
Peace
Livin
Recent NXG News
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