The GOLD minors make the move, Confidence in NWST $$ hi all, As gold contiunes to be above $2500 the gold minors today made more gains and will continue. As they get the recognition and share value! So far Agnico Eagle has hit $110 today and Wheaton Prcious Metals hit a new 52 week high. Also Barrick Gold, Kinross and K92 are all doing well. I own all of them in my number one postition in RBC Global Precious Metal Fund. My target on Agnico remains at $125 a share and all the other Gold Minors to move higher by another 10%. So to own this mutual fund you get them all and they represent almost 50% of the entire portfolio. Now as for the Juniors we all saw how Gold Fields made Osisko pop or double in value for all share offer. Today we see Northwest Copper make a private placement at .25cents with confidence. Only 2million shares needed and for this i see a takeover coming. I have seen this before and the junior exploration arena is starting to make noise. Now for Northwest Copper only trading at .25 cents makes this entry point a great start into September. The question is how high can we go? Right now a modest .40 cent move and takeover price. This to me is the start of things to come as lets see if any news of a CEO is coming. If we see no news for the rest of August on this topic we are for sure in the for sale arena and we could be in a nice sweet spot at .25cents. The news today did not explain what the cash will be used for and this tells me the time is now to get in. Here is the chart and targets as copper is also coming back in price.
also get ready gor Greg as he is back and you all know how he talks about the metals...