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Jay Taylor in the Jan. 17, 2011, edition of Gold, Energy & Tech Stocks
refreshes his buy of Northern Tiger Resources Inc., recently 42 cents.
Mr. Taylor said buy on Oct. 15, 2010, at 78 cents.
An investment of $1,000 would now be worth $538.
The gold explorer's share price tripled in September, 2010,
after the company released sample results of up to 1,013.54 grams per tonne gold from its 3Ace property.
Unfortunately, on Nov. 25, 2010, the stock dropped 25 cents to 39 cents
after the company released a batch of drill results with the best interval being only 11.9 metres of 1.51 g/t gold.
Mr. Taylor says speculators may have driven prices up,
only to get rid of the stock when drill results fell below expectations;
he reminds readers that this is an inherent risk in exploration and that Northern Tiger has released other,
better drill results. He recommends you hold on to Northern Tiger and buy on weakness,
slowly (there is no rush because the company will not resume drilling until the spring or summer).
If you bought shares at a high price, you can bring down your average cost by buying while the stock is cheap.
The company still has a lot of potential, and "it would be foolish to give up on it."
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