Thanks for sharing that Fully. Many thanks to Rambus also.
I snagged a few shares of NGD recently at the same price Rambus paid (74 cents).
When by chance I viewed the chart that day, it was quite obvious to me that I should buy shares right away, so I did.
One problem the company faces is the high AISC of roughly $1400 per ounce. Hopefully, they can lower the all-in costs soon.
The other problem is that roughly 30 percent of the revenues comes from copper sales, if I am not mistaken.
The price of copper is depressed right now, but it can go lower (to $2 perhaps) in a deflationary environment.
At the current share price of $1.50, I am not a seller or a buyer.
If the share price drops significantly, then I will consider adding to my position.
What goes up must come down…NGD?
spinning wheel got to go round
Talking about your trading it’s a crying sin
Buy some silver eagles
Let the spinning wheel spin
You got no money, you got no home
Buying silver all alone
Talking about your troubles, you never learn
Buy some silver eagles
let the spinning wheel turn
Did you find a silver sign
on the straight and narrow highway?
Would you mind a reflecting sign
Just let it shine within your mind
And show you the money that is real
Hey, Silver is waiting just for you
spinning wheel is spinning true
Drop all your fiat, at a coin store side
Buy some silver eagles
On the spinning wheel ride
Silver is waiting just for you
spinning wheel is spinning true
Drop all your cash, at a coin store side
Buy some silver eagles
Let the spinning wheel fly
Thanks for sharing that Fully. Many thanks to Rambus also.
I snagged a few shares of NGD recently at the same price Rambus paid (74 cents).
When by chance I viewed the chart that day, it was quite obvious to me that I should buy shares right away, so I did.
One problem the company faces is the high AISC of roughly $1400 per ounce. Hopefully, they can lower the all-in costs soon.
The other problem is that roughly 30 percent of the revenues comes from copper sales, if I am not mistaken.
The price of copper is depressed right now, but it can go lower (to $2 perhaps) in a deflationary environment.
At the current share price of $1.50, I am not a seller or a buyer.
If the share price drops significantly, then I will consider adding to my position.
https://www.youtube.com/watch?v=SFEewD4EVwU
What goes up must come down…NGD?
spinning wheel got to go round
Talking about your trading it’s a crying sin
Buy some silver eagles
Let the spinning wheel spin
You got no money, you got no home
Buying silver all alone
Talking about your troubles, you never learn
Buy some silver eagles
let the spinning wheel turn
Did you find a silver sign
on the straight and narrow highway?
Would you mind a reflecting sign
Just let it shine within your mind
And show you the money that is real
Hey, Silver is waiting just for you
spinning wheel is spinning true
Drop all your fiat, at a coin store side
Buy some silver eagles
On the spinning wheel ride
Silver is waiting just for you
spinning wheel is spinning true
Drop all your cash, at a coin store side
Buy some silver eagles
Let the spinning wheel fly
Excellent JS
You have talent
🙂
Sold all my NGD on way up and just bought the clearance sale over at TMQ. I do like to buy past due date items as I find they are still good.