Yes, I've had NXG quite some time and doubled up on it last year, fortunately before the significant move up that started in November. The company owns the Kemess mine in British Columbia and is in process of expanding it and developing other properties in the area. It's had a nice run since November '05 and is now consolidating to form a base around $2. Looks like it will participate in the next increase in POG at which time it will likely establish new highs. It's a solid producer for a low priced PM. Another that's worth a look see is Kirkland Lake Gold, KGI.TO, on the Toronto exchange. It has acquired the properties of 5 former producing mines and is in process of consolidating into one unified mine. They are in process of establishing new reserves and developing a mining plan. Much potential for significant production.
>>Now they're forecasting extreme cold all month.<<
Exactly. People will tell you that weather shouldn't enter into your trading decisions for E&Ps. People will tell you not to go long into an earnings announcement. People will tell you that the shoulder season is baked into the stock price six months ahead of time. Good luck, Seg
If there are no more geopolitical events and winter playsout as forcasted, NG will price $5-$6. Answer to energy problem is to remove NG from power generation. Oil will return to $60s, but he is not a futures buyer today.