NGF norton gold fields limited
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As a higher cost producer it has the most to gain from the...

  1. The Alchemist
    1,971 Posts.
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    04/09/09
    07:51
    Post #: 5596428
    As a higher cost producer it has the most to gain from the higher gold price as the % increase in profits will be greater than for the lower cost producers. Also, it will increase the mineable resources if the price is sustained.
    All looking good for re-rating early next year - unless Lehmans give us an early Xmas present.
    NGF Price at posting: 21.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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