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Re: choad post# 235755

Monday, 04/26/2004 11:24:36 AM

Monday, April 26, 2004 11:24:36 AM

Post# of 704048
*** gold related post (NXG) ***

Basser,I see your hittin' benquet hard this morning,+.02 on 2000 shares. Back off your movin the market!!(G)
===============================================================

Say what?
Please do us both a favor, choad, and don't waste your time talking to me about that POS pump job.

I am, however, liking NXG here....

Their Kemess North feasibility study should be released on or around 5/10 and should confirm a minimum of another 3.5 million oz of reserves which when added to the 2.5 proven oz at their Kemess South operation will give them at least 6 million oz of reserves which at their current share price would equate to Northgate trading at about $70 USD per reserve ounce, a very low valuation for a 300K oz producer.

I think it's a bargain in this area for a fairly quick 20 to 30% move.


Dan

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