NGG and AUQ both great playsI too am big on both these companies and although the market has been ignoring them lately I believe they are both a very sound investment. Ngg is finally starting to move with some great NR and hopefully AUQ will be ready to roll!
GL2 both!
K9
----------Original Message Posted 8/17/2006----------
Well I'm happy about the 12000@0.3 i got today through RBC. I will fish some more next week, hopefully under 0.3. I think about 1 million shares will be in the market pretty much directly after they are released on monday. I think they´re trying to get at least 0.05$ per share. That means 1000000 x 0.05 = 50000 $...pretty good money when you think about that you can buy them back later for 0.3$ when they probably are priced much higher.
Yes I'm new here. Got a tip from Horsey7 who I respect because of ARU. I did my dd and I must say AUQ is a really promising play. 2$ after the first results from the open pit mine is not impossible.
I'm into several goldjuniors since I think the PM bull is not over for long. One favourite is NGG on Venture. New Guinea Gold holds 12 very interesting projects on Papua New Guinea. One of them is The Sinivit which will go into production at Q4 (almost the same as AUQ) they plan for 35 kOz/yr and will use the money to explore for and find a multimillion Oz mine within 3 years. Tha last 6 months they´ve been drilling the Normanby project and the results there from looks incredibly good (like over 100gAU/tonne over 3 meter) This project will be 41-103 late this year. I think that will push NGG upp at least one level. Check it out on www.newguineagold.ca
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AUQ looks damn good too but I think NGG will be first over 4 MOz reserves.
Best of luck to us and I hope you will accept me on the board