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Monday, June 28, 2010 8:39:08 AM
"No wishful thinking here! As I see it gold is going to a parabolic top of $10,000 by 2012 for very good reasons:
a) Sovereign debt defaults,
b) Bankruptcies of “too big to fail” banks and other financial entities,
c) Currency inflation and devaluations,
d) Precious metals market manipulation,
e) Insufficient physical supply, and
f) The need for a safe haven investment refuge,
All of the above will lead to rampant price inflation and drive precious metals bullion and mining stock to unimagined heights."
http://www.munknee.com/2010/06/gold-going-to-parabolic-top-of-10000-by-2012-%e2%80%93-for-good-reasons/
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As Gold continues to move upward, this should reflect well on all mining stocks, including NTMG! This will be a very exciting summer for the company as they begin their mining of the ore on their property and continue further exploration up at BullMoose. If they can land the Valentine Mountain property, this will add much value to the company and the stock. I hope they get moved off the Pinks and onto a more respectable board as that is where they need to be with this type of story.
Looking forward to another great week.
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