OTCPK:NOSOF - Post by User
Comment by
Sunnybrook25on Nov 04, 2007 10:02am
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Post# 13748207
RE: PIK (Gold Play) to report good results Nov 14
RE: PIK (Gold Play) to report good results Nov 14Peak Gold has a mid-tier gold producer (not an exploration company). Their mines started producing gold in April 2007. Today's gold price, which is near to $800 per ounce. It has good prospects to ake a look. Gold Corp has 704 million shares, it is trading at around $33 CAD. I'm not sure they will acquire other gold producer with $225 million, but I think the short-term prospect is good enough to throw some money into it. I'm expecting about 15% gain in two weeks. I have NOT, TTQ, VMS, FNC, PRB in addition to the Bank stocks. Putting all eggs in one basket is a risky approach. Anyway, I am not promoting this stock for a long-term purpose.