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Northern Freegold Resources Ltd. V.NFR

"Northern Freegold Resources Ltd is engaged in the exploration for mineral resources in the Yukon Territory, Canada and Arizona, USA."


TSXV:NFR - Post by User

Comment by canestsalon Apr 25, 2009 12:38pm
248 Views
Post# 15944427

RE: Low 40's

RE: Low 40'sHi Greatvac,

I got in early on this play, at around 18 cents or so and dumped out in the 0.60s.  I loaded up again this week in the 0.43 - 0.46 range.  It may or may not go a little lower, but the facts are that $5 billion worth of hard real money may exist in freegold mountain, and S&P is covering the stock for the purpose of informing institutions on the deposit. 

The charts say to me that the stock is near the end of it's down cycle, with the sellers near exhaustion and momentum building.  The MACD appears to be crossing over once again.

Hey Harv, remember I inboxed you saying to get out in the 0.50s and 0.60s and not to load up anymore stock.  At this point, I would be a buyer again.  The charts are suggesting an upswing in both NFR, and golds in general.

Good luck everyone.  Glad to be aboard again.

Josh

joshvandermeulen@hotmail.com
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