Northgate Minerals Corp (NXG)

[NYBob]

NXG Gold we need to look at precious metals shares -
as measured by the Amex Gold Bugs Index (HUI) -
Here, the big observation is that resistance at 375 is
significant not only because it would involve the new
closing high break out discussed the other day;
but more, as you can see below such a feat would also
involve a significant break back above recently
penetrated trend line related resistance -
which of course use to be support....



GOLD TA technically ex....
James Turk sees similarities in current circumstances
compared to 1974 when gold doubled, so he is talking about
an $800 handle.
And then there are both vertical and horizontal counts
associated with the point and figure charting -
the one I like most is found in nature,
basis, the resulting Fibonacci resonance related measure
is suggestive the next move of consequence for -
Gold should involve it's first attempt to penetrate into
four digits at $1,000.--
a closer look at the break out itself showing significant
diamond penetrations to the upside --

GOLD the real value about fiatz$35,000.-/oz today....

Got NXG Gold Mines Safety -
The Largest Gold Producer in BC -
The lowest cost Gold Producer in the mining industry -
http://www.northgateminerals.com
Imo. Tia.
God Bless

http://www.halturnershow.com/AmeroCoinArrives.html

http://investorshub.advfn.com/boards/read_msg.asp?message_id=23074436

http://investorshub.advfn.com/boards/board.asp?board_id=3041