3SOF

Northgate's Second Quarter Gold Production Increases Dramatically Kemess on Track to Produce 280,000 Ounces in 2005
Thursday July 28, 11:11 pm ET


VANCOUVER, British Columbia--(BUSINESS WIRE)--July 28, 2005--(All figures in US dollars except where noted) -
Northgate Minerals Corporation (TSX:NGX - News; AMEX:NXG - News) today reported its financial results for the second quarter of 2005. Cash flow from operations before changes in working capital was $5,893,000 or $0.03 per common share for the second quarter of 2005. The loss for the quarter was $3,342,000 or $0.02 per share.

Approaching LT resistance line. Could see a breakout....

Nice chart work.  Applaud.

Nice pick and work on the charts calven ! Applaud....
Sleeper gold stock !
Breakout.....Symmetrical Triangle (continuation) Pattern

• Northgate Posts Strong Third Quarter Earnings of $8.8 Million Acquisition of Young-Davidson Mines to Close in Early November
Business Wire (Thu, Oct 27) 

• Northgate Completes Acquisition of Young-Davidson Mines, Limited
Business Wire (Wed, Nov 2) 

News  Link:  http://finance.yahoo.com/q/h?s=NXG

Short term target of 1.70 for me, I dont know about you guys....

Calven,

Gosh - you're good!  I should just follow you around...  I missed this one ! But I am in YHOO and GOOG right now (per Zanger). I am really bad at this stuff! Just trying to make up for losses  - OUCH

Testing LT descending trendline. Needs to break and hold 1.55 into the close for a valid breakout....

BOOM!

Just missed my 1.70 sell target.... still holding...

NXG new 52 week high. 1.72 

You still holding Cal ? 
Looks to me this little pup may have some more to give.
Announced an apparent expansion of the minable region surrounding the
Kemess North field. The stock is moving strongly, and for good reason.
Record earnings expected in the 4th quarter, and the recent strength in gold and copper,
suggests that NXG will continue on. FY 2005 could reach 0.18 - 0.20 per share, giving a
PE less than 10. Next years earnings could reach $0.30 per share if gold copper and silver do not decline by more than 10 % fro current prices.

Longer term Resistance areas of $2.01.....2.20....258.
Could be possible targets now. What say you,Cal ?
Nice work Calven......Applaud !!! 

I agree with your analysis setravis. I also like your resistance levels annotated on the chart above. Very nice work (applaud). Sold some of my position already (half @1.70) I'll give the remaining shares more time. I like 2.00 also for (target 2)  The volume with NXG looks outstanding!

Cal 

NXG 1.92  - 52 week high

Hit 2.17.... You guys still holding???

cal   

Still holding half of my original position... wont sell until that upsloping trendline is broken.

Gap up today!


2.26 HOD


cal 

NXG continues to move!

2.38 - new 52 week high