Post by
raha on Oct 14, 2009 11:56pm
Not Unusual !
I have been investing in the junior mining sector for over 50 years, probably quite a bit longer than other posters on this board. Junior miners only skyrocket to new highs on great initial drill holes ie. Goldsource, Voiseys Bay etc. and then as they enter a pre-production phase they consolidate at lower price levels. The production phase results in higher share prices as serious investors want in. NAG is in the pre-production phase and actual production will convince investors that this stock is for real, and there will be upward price movement. I have seen this scenario many times over the years and I dont think NAG will be the exception. Patience is required at the moment. The bashers have absolutely no effect on the price of this stock, but they do add comic relief, with their only competition coming from the Toronto Maple Leafs!
Comment by
sektorXII on Oct 15, 2009 7:43am
So next week once production is announced any ideas as to where and how long it will take this sp to go north more than 1/2 cent a week?And any guess estimates to volume and settling avg price?
Comment by
pitbullish on Oct 15, 2009 9:10am
sell 50% if it doubles and let the free shares ride