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Re: Andy R post# 16428

Tuesday, 07/25/2006 10:21:16 PM

Tuesday, July 25, 2006 10:21:16 PM

Post# of 19037
$20 US. I'm basing it more on a premium to where NG was at it's highest pt along w/overall value of the company and $xx/oz of gold in the ground relative to other takeovers. I think $20 is likely, but if another buyer comes in we could see more like $22-24. The majors are desperate to increase resources and production. NG more than fits the bill especially w/mine locations as well.

Don't follow BGO, sorry. Putin scares me.

Guaging a top is probably one of the toughest things to do imho. It's far easier to pick a bottom. When guaging a top you can look at all sort of technical indicators of course which everyone has their favs. FA wise I'd look at how the stock reacts to good news/bad news. What's sentiment like? What's are message boards like? Options? What future catalysts exists ST/LT to drive the stock higher. Is all the good news already priced in? Premium to peers? Premium of sector to other sectors?. Really much more of an art than a science. Bottom picking you can certainly use the same tools, but at some pt basic accounting kicks in.


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