Northgate Minerals Corp (NXG)

[golden08]

For them to find value they may have to step down to a smaller producer with great upside in production. My vote goes to CGR small producer with potential increse. They have the madsen property that could be a monster for them 5-10 years down the road,and they can sell CGR oil and gas side to lower there purchase price,or run it as it is profitable. 2. GLE small but can be made into a 200+ per year producer with a little money. And last the one i wish could be had alot cheaper QEE. Crappy mgmt with 175-200 oz production. But the kicker is the 116 sq mile land package,all the things are there just need updating to make profitable. But its very expensive on a buyout. Anyways there are a few out there,but Northgate is going to have to move fast before gold goes on a tear. Otherwise there only option is going to be JVs and those arnt going to be cheap. IMO