NST 4.00% $16.90 northern star resources ltd

how far will this move down last ?, page-29

  1. 1,304 Posts.
    My view is traders will always utilise the POG to do what they do. This is my portfolio's only gold play and I've taken a large position simply because of the unique and robust nature of this business.

    It is unique amongst 2nd tier producers in this country and frankly it's a stand alone proposition for any investor. The European situation will be what it will be, the US economy is in slow recovery,the Chinese economy is what it is.

    For my money, the 2nd tier gold producers (of which NST is the leader) are rare in this country, and this company is text book quality, with near-mid term upside of colossal potential. I don't like to predict number targets but you just have to look at the critical mass we are building to see that on NPV alone there is enormous upside. If you have a margin loan or if you need to make $100k by the end of the week...I recommend hypnosis.

    As for $1.10? I believe $1.25 by end of FY12 is a reasonable expectation on resource upgrade new flow alone. However, I am by nature optimistic. Best of luck to you.
 
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Last
$16.90
Change
0.650(4.00%)
Mkt cap ! $19.42B
Open High Low Value Volume
$16.61 $17.10 $16.41 $71.23M 4.222M

Buyers (Bids)

No. Vol. Price($)
1 11438 $16.88
 

Sellers (Offers)

Price($) Vol. No.
$16.90 22879 3
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Last trade - 16.10pm 19/11/2024 (20 minute delay) ?
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