OK folks, assuming NST continues its great gold mining and exploration success performances, what price will NST be should gold reach around US$2000? (And I'm extremely confident we will see that price - maybe even much higher.)
I'm now prepared to post price targets that I believe are possibly conservative, but would have been laughed off the forum as ridiculous ramps when I first projected them, so I did not post.
Here goes:
With NST currently $4.67, raking in the cash, debt free and having a cash balance of more than $300 million at 30th. June, I am confident NST will be at least around $15.00 to $20.00 a share.
NST Price at posting:
$4.67 Sentiment: None Disclosure: Held