Haha gold can be $250 and platinum $800 and this company's mineral properties are still worth multi-billions of dollars:
Want a chance for good returns on a beaten down stock? OTC:NMCX, has an almost unbelievable story of $10,000,000,000 possible Platinum, Gold, Silver, and other precious and noble metals in their ore. They announced a sale of $500,000,000 worth in December 2004 and the shorts went wild! They put NMCX on the SHO list and kept it down till the beginning of 2006 when the stock started moving up. NMCX assayed it's properties in 2000 ( gold: $240, platinum $680) and came up with billions of dollars! Today it is much more.
Take a modest chance and open a speculative position (although I think NMC, Inc. is making revenues), and you have a ticket to watch the show!
>>>GOLD: I said 550 and possibly 450 two weeks ago and got boo'd. Also, said silver sub-10. Here we are folks. I will probably start nibbling soon on GLD and SLV.<<< ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Pardon me?
You got "Boo'd?"
By who?
There were 4 responses to the post you are referring to.
>>>GOLD: $550 at least maybe even $450. Silver: Under $10 looks in the cards.<<< #msg-1381086
Zeev said: "This will be quite a retracement and may break the bull move in GOLD... reentered SNDK here at $54.55, double position..."
George the Greek said: "Some CNBC wags have opined Au falling to $550 the ounce."
Financial Advisor said: "I say bring it on!"
basserdan said: "Maybe..... just maybe, $550 might get tickled, but as of now, I doubt it. Frankly, I'll be happy with it under $600.
Silver under $10 is quite likely, imo.
But then again, when recounting the amount of 'dry powder' I have neatly stacked and at the ready, this may all be wishful thinking on my part."
As for $450 gold, I don't think that will be seen again in most of our lifetimes, if ever. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
So, tell me if you would..... What booing are you referring to?