GOLD (Au) PRODUCERS

[NYBob]

Northgate Minerals Corp. (AMEX:NXG)fiatz(USD)$2.23 UP 0.09 (+4.21%
Bid 2.22
Ask 2.23
Volume 566,931 high demand
Day's Range 2.19 - 2.24
Click for Detailed Quote Page
Last Trade:12:08:12 EDT Jul-1-09

Lawrence Roulston: Gold Will Go Higher
http://seekingalpha.com/article/146397-lawrence-roulston-gold-will-go-higher?source=article_lb_articles

LR: Exploration covers a huge range—from companies that hope to one day find something of value to companies that have made important discoveries and are now quantifying the size and grade of their deposits. At this time, I would tend to stay closer to the latter type of companies. There is still huge upside potential. Consider some numbers: a company that has the earliest stage of metal deposit, what we call an inferred resource, is valued in the order of $10 to $20 per ounce of gold in the ground. Once that deposit reaches production, it is valued in excess of $200 per ounce of gold in the ground. So, you can see the potential for ten-fold returns without taking on the discovery risk.

dd. the gold bargain ...
http://www.northgateminerals.com/

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

God Bless