Daytraders may be interested in my post on NGF given it has finally broken out of the 22.5 cent price barrier today.
My original post is as follows:
"Over the last few months I have been accumulating NGF based on its fundamentsls as a gold stock (quick outline of the company can be found in its ASX announcement 10/9/2009 of its Rodman and Renshaw Conference Presentation). For the last few months there has been a big seller that has kept a lid on the price. Today, NGF finally broke through this barrier possibly on the back of some buying related to the Rodman & Renshaw Conference in New York. whilst we can't be certain the big seller has disappeared, I was prepared to buy another 400,000 on NGF breaking through the 22.5 cent barrier.
Please do your own research, as no investment advice is given."
Regards
Buffett
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