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6 pts

Opinion on  Newmont Mining Corp (NEM)     Sector: Basic Materials  >  Industry: Gold & Silver
bull phase

Feb 13, 2007 06:15 AM GMT
Me
Return Risk
+1.29% HIGH
Sr. Associate

I was going to post under GLD, but i figured posting under another mining stock would be better for the general public. Physical GOLD itself is bullish right now staying above a breakout creating a new bull channel. confusion is in abundance because this is occuring while many gold shares are in a bear phase. two cannot occur at the same time, but i know for fact that the price of gold and gold shares will be much higher in the months to come. As i've said before in other reviews, do your own research and you should be fine. Read geopolitics, watch the valuation of currencies, futures etc. If oil stays down and the markets come back, i'll be holding onto gold shares and cash. what will you all be doing? good luck~



Happy Trading

-zrvs


NEM:  This call was made on 02/13/07 @ $45.56
Rating:   Positive   $45.56 (02/13/07)
Closed:   02/27/2007 @ $47.06 (+3.29% in 14 days)
Target:   $52.00 (+14.14%) in Six months


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