As many of us thought despite the initial jitters, the strength...

As many of us thought despite the initial jitters, the strength of gold will shine.

Canadian gold was up overnight shedding Greek/Euro woes.

Reuters:
" * TSX ends up 4.6 pts, or 0.04 pct, at 11,330.68
* Gold miners lead gains; financials fall
* Weak U.S. data boosts hopes of further Fed stimulus
* Greek, Spain bank woes weigh on market

By Jon Cook
TORONTO, May 17 (Reuters) - Canadian stocks ended a
four-session slide on Thursday, eking out a modest gain, as a
strong performance from gold miners offset financial losses on
soft U.S. economic data and mounting worries about Greece and
Europe's fragile banking sector.
Canada's sub-index of gold mining firms jumped nearly 6 percent as gold rallied for its largest one-day gain since late January.
GOL/ Gold's move allowed the Toronto Stock Exchange's S&P/TSX
composite index .GSPTSE to outperform U.S. stocks, which hit a
four-month low on Thursday. .N
"We've performed better than the U.S. markets today, which
has not been the case for much of 2012 to this point," said
Craig Fehr, Canadian market strategist at Edward Jones in St.
Louis.
Canada's top gold producers, Barrick Gold ABX.TO and
Goldcorp G.TO , led the day's gains, both rising 6.9 percent to
finish at C$38.16 and C$35.48, respectively. Smaller miners also
jumped, with Eldorado Gold ELD.TO rising 5.8 percent to
C$11.01 and Yamana Gold YRI.TO climbing 4.5 percent to
C$13.79.
Gold was also boosted by Wednesday's release of the U.S.
Federal Reserve's minutes from its most recent meeting in which
policymakers kept alive the possibility of a fresh round of
monetary stimulus for the moderately expanding U.S. economy.
ID:nW1E8FB04P
"Gold for a very long time now has been reflecting the
extremely easy monetary policies of the Fed and other central
banks around the world," said Fehr."


As we all know the company's stronghold is the Bibiani gold project. With a massive gold belt at Bibiana along with the Cape Three Points and Tumentu gold projects NMG is looking good through tough times especially with an increase of substantial holdings in the company.

GL all

IMO DYOR......not advice just thoughts