Member Info for teamonster

I hope you didn't just get out! Looks like the bottom of this minor retrace has just about been reached.

Definitely!

Indians are buying up as much gold as they can afford? Fact. So too is China and Russia. Am I on the right tract?

I'd wait a tad longer, trades seem to have slowed down for the moment. I'm not up to the minute with this morning's economic data, which might push it either way.

Yeah, I reckon we're getting close to the trough.

I reckon NGL may settle back to 32p before the next stable SP plateau is reached, hopefully more gradually than the rate of rise over this week! I'd say 38-42p will follow this profit-taking in the next 2 weeks. I predicted the current level right a few weeks back! We should be receiving a quaterly update from mid-late June which will give it a boost.

NGL will rival the likes of MIRL and MML. Has even out paced CEY proportionately for the last few trading days, and has left AGLD for dust. Poor CRND is in terminable decline, where else is there to make an affordable invest- ment in gold? At the end of the day you can't beat the security of a well established gold mine with a plentiful gold resource in a stable country.

Welcome aboard!

Thank you!

I reckon you're right childsplay.

If China and Russia agree that gold is more secure than the US$ then Norseman will fly! In which case a price target of 50p for NGL might actually look like a conservative estimate!(I was right about SP hitting 35p+ when NGL was 14.75p!, I have to pat myself on the back for that one!).

Ceramic fuels now looks to be entering an exponential increase in its share price. I did wonder whether it would retrace to 5.5-6p, but that looks very unlikely now. AIM and ASX investors are piling in.

There has been a huge 'pull' on this share for several weeks through massive buys. Now we are beginning to see that individual share price rises are in the 20-30% range, this is only set to increase into the medium term IMHO. The SP could easily recover to the 40-50p range by the time the German maufacturing facility comes on stream.

I completely agree with your view on NGL gemma4cash. I saw your post about topping up at around 15.5p, you've done well on that batch of shares!This company is already cash generative, and is only set to increase earnings. I find that pretty reassuring given the current market conditions. Best of luck to you!

Thank you for that revenue estimate. Seems like there's a bit of profit-taking today. Looks like NGL will settle at about 25p before the next upward movement to 30-32p IMHO. NGL shareholders have lots to look forward to! Good luck all.

Thank you for that information. I think I must be getting NGL mixed up with a different company!

Poo!

That couple of years ago it emerged Norseman was the subject of a possible take-over bid. I must have read about it in the Times of FT, but can't be sure. I'd be grateful if anyone can remind me about the details of that never to materialise bid. Thank you.

So Norseman continues its exponential SP increase. I wonder what a third gold mine development funded by Norseman's growing revenue stream will add further to the existing price, not to mention a second listing on the ASX?Looking more and more likely that NGL will return to the 45-55p price bracket. NGL has been by far and away the best performing gold share on the AIM over recent weeks, long may it continue to be!

Garner is a fast changing company. Recent acquisition makes GAR one of the largest executive search companies in the UK. Now has US, Western European and Middle East connections, to name but a few. Results for FY were previously published end March/early April, the company's financial calendar would have been rescheduled since the acquisition and issue of ordinary shares in place of the old preference shares. There are likely to be less than 26 million GAR shares in free-float by now. A very well run company with very good long term growth prospects(despite the economic climate!).