OK $NGD has caught my I, it just got news 5 hours ago, partnership with ontario teachers pension plan (OTPP) $300 mil., good for the company because itll help lower debt. also analyst giving it a buy now. one thing though OTPP were not available for comment. not sure if good or bad but if and when they want to give a comment might spike the stock as well. Also in my mind with the market dropping people will be looking to gold. Not to mention its a new type of deal usually miners sell rights to future production called streams or give royalties. anyway check it out.
Now, I am looking to get in if it cracks 1.09 it would be a multi-month breakout. Hoping to ride it to that 1.16 point and with momentum push through to 1.30 we'll see. keeping an eye out for that 1.05 crack, if so im out. possible .20 gain or .09 loss
Join now or log in to leave a comment