NST 2.54% $13.80 northern star resources ltd

potential in next 3-6 months ?, page-27

  1. 1,319 Posts.
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    Parrot, I'm trying to be realistic. You are tending to be heavy optimistic when predicting an almost 200% increase in the spg price to $3,500 USD/oz.

    I pray you are right and that I'm wrong, becuase rather than typing this on the way to work, I would be typing this in a pool with a beer in hand..... one can hope....

    I am a long term holder of NST becuase I see gold holding its current value btw a range of $1,400-$1,800 USD/oz. I see this happening as the AUD loses its value against the $USD as our terms of trade decline, and the current govt. continues to f*ck this country and our economy.

    I am also holding on the strength of Voyager 1-2, Gabbro and Ashburton.

    Even with the positive results for the Gabbro offsets, NST really need to define the extentof this new resource, and plan the most cost effective way to extract.

    Ashburton needs to be a second or third source (if gabbro is confirmed) to de-risk Paulsens.

    I see this happening in the next two years (hopefully earlier) lead to eoy 2014. For this reason I hold and will continue to hold.

    Lets be serious though guys and leave the predictions on the spg price to the taro card readers and doomsday sayers...

    Party on....

    Good luck all holders.
 
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