Northgate Minerals Corp (USA) (NXG)

greenb95 (44.58) Submitted: 1/11/07 10:06 PM : Start Price: $3.40 NXG Score: -43.63

A double commodity play. Price may drop below $3 again, but I'm not taking chances because think over the next two years, stock price is an easy double. Northgate mines gold and copper in a politically stable country - a nice plus over third-world mining companies. Take a look at the stats (may be the lowest PE in this sector and very impressive EPS) . Their production costs are amazingly low. The competition doesn't even come close! May bounce around narrow $3 trading range for a while, but this well managed, undervalued company is going to rocket when institutions and mutual funds decide to become major holders.

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