Moydow Mines fka MOY

[amarksp]

Richard Russell feels the same way...

http://www.321gold.com/editorials/russell/russell060603.html

Next I want to turn to a stock that I have urged all my subscribers to own (I bought more today). That stock is Newmont Mining (NEM), the world's largest producer of gold and the gold stocks with what I consider the best management in the business.

But again, let's get technical. NEM has formed a massive base, and I showed a point & figure chart of NEM on a site a few days ago.

Looking at a monthly chart, NEM looks to have formed a massive five-year base going back to its low of 13.25 recorded in August of 1998. The breakout of the huge base would come on a Newmont closing of 33. As I write, NEM is trading above 31. If NEM can close above 31 it will be its best closing in five years. But the real breakout would come at 33.

Again, I'll repeat -- I'd like all my subscribers to own shares of Newmont.