


|


|
Topic
Top news source/blog that we're missing
Why do you recommend this news source?
|
||

WIKI ANALYSIS
|
Northgate Minerals is a small, profitable copper/gold mining company located in Canada. It has a low price to earnings ratio.It is conducting a friendly takeover of Perseverance Mining, Australia, which produces about 200,000 ounces of gold per year. The combined company will produce more than 275,000 oz of gold per year. With high prices for copper and rising prices for gold, this company should be able to show a large increase in profits for the next few years.
Disclosure: I hold 10,000 shares.
References



| ||||||
