Well my prediction in the above post has come around a lot...

Well my prediction in the above post has come around a lot faster than I expected and I unfortunately also sold out in the low $5 range on expectations the share price would pull back on the recent gold price weakness. As always on the markets expectations are seldom met and often the market does the opposite of what one believes it will do. What is the old saying?

The Market Can Remain Irrational Longer Than You Can Remain Solvent

I’m not saying NST doesn’t deserve the $6 tag but I think it’s just run a little to hard and fast against fundamentals and against some of its peers. Not a buy in my opinion at this level as it’s new mine plans aren’t mature enough and carry some risk. This valuation leaves it exposed should any one of its operations take a turn for the worse.

Far more value now in some other goldies that have been overlooked by the bots IMO.

Eshmun