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dr_airtime

02/01/16 7:01 PM

#32147 RE: JustForFun7 #32146

JFF7 - buy this aussie miner on TSX instead.

Canuck and Aussie currencies both in the dump and lead to low opex in $USD. NMI.TO is lead by a solid managment team and is half the price of Canadian miners. Look below on post for board on NMI.TO and trace back.

See slides 9 & 10 of below for comps vs. Abitibi miners.

http://www.newmarketgoldinc.com/assets/docs/presentations/newmarket-gold-corporate-presentation-jan-28-2016-20160131132443.pdf

Also, moving (indecisively though) past multi-month support on next trip up.

IMO every Canadian miner has rallied in the last 2 years so go for NMI.TO. If you have $CAD buy on the TSX!

checkmate28

02/05/16 3:55 PM

#32157 RE: JustForFun7 #32146

JustForFun7 Just wondering if you feasted on any of the Timmins minors? There all up nicely.

75% of all minors are headquartered in Canada. There is still tonnes of gold everywhere in Timmins to be discovered. If not the best, they have nearly the best infrastructure anywhere. Always going to justify a nice premium. There is lots of areas, that due to heavy overburden, were previously not able to be explored with typical geo studies. The soil samples are useless with 10 meters of overburden. Newer technology's are now able to look in the ground with electronic geo magnetic studys that find the hot targets. This should keep Timmins a hot area for many years. When M & A heats up, there should be lots of activity.

While other areas may provide opportunity with the same fundamentals, I like to keep my investments mostly on this continent. USA/CA/MX

I kept some dry powder hoping for the coming dip. Still hope it comes.

Just my 2 cents.
Checkmate28