3SOF

With the price of copper and gold showing no signs of slowing down, here is a little known company positioned to cash in on the rise.  NTO is a profitable company that owns a 12.5% interest in the Alumbrera mine in Argentina.  NTO also owns the Agua Rica mine in Argentina, which is undergoing a bankable feasibility study, due to be completed in mid 2006.  Agua Rica has over $100 BILLION (yes, billion) in gold, copper, and moly reserves.

Take a look at the company website for more info:

http://www.northernorion.com/s/Home.asp

For you technicians out there, correct me if I'm wrong, but it appears that NTO may soon form a golden cross (rising 20dma crosses above the declining 50dma) if the uptrend continues.  Tomorrow's trading may confirm.

NTO is performing nicely so far today.  It has key resistance at $3.00, which it has been fighting this morning.  If it can hold $3.00 today, there is some nice upside to the $3.40 area.  Of course, the share price is very sensitive to the price of gold and copper, which is up nicely today.

NTO closed very strong today, and looks like it is in breakout mode.  The company is discussed on the front page of resourceinvestor.com tonight:

http://www.resourceinvestor.com/pebble.asp?relid=15258

Chart is looking great, with a very powerful move during the last half hour of trading:

Great looking work on your thread, your charts,everything ...Outstanding!! 
OH yes, The Golden Cross, you are correct.
Breaking out here, on volume. Let's see some good follow through now.
That was a great looking breakout from the Symmetrical Triangle (continuation) Pattern.
I just may have to sell some of the pennies I am holding and get me some of this.

Nice work I will have to come back and give you more Applaud!!! 
Good trading to you. Make some $

Thanks for the compliment, setravis.  I was fortunate with NTO and got in back around $2.40, just as it was starting this climb.

NTO, like other mining companies, is highly sensitive to the price swings in copper and gold, so be sure to monitor those prices when entering.  I use www.kitco.com for gold prices, and www.kitcometals.com for copper prices.

Have you any knowledge of this one, PERU COPPER (AMEX: CUP) .
I think it is kind of new ,the chart history only goes back to middle of April this year.
I want clutter up your thread by posting a chart a chart of it here, I will just add the link to it.
Take a look at it .
http://stockcharts.com/def/servlet/SC.web?c=CUP,uu[m,a]daclyyay[pb50!b200!f][vc60][iut!Ub14!La12,26,9]&pref=G

Thanks for the links.

I'm somewhat familiar with CUP.  It made an incredible run, and I played it for a quick trade of about .25 during part of the run last week.  I traded it solely on technicals, and did not do much due diligence.  From what little dd I did do, I recall that the run may have been related to possibility that the company would sell some or all of its assets.  Thanks for reminding me about CUP.

Unlike many the many stocks that I trade then forget about, NTO is one that I have stayed with for about the last year and a half.  I do trade out of it on major spikes and buy back lower, but I truly believe that this company has a great future because of the riches buried in its Agua Rica mine ($100 billion in defined reserves).  I think they are a prime canidate for a takeover, and I just hope that I'm not in between trades if a takeover is announed (although I always maintain a core position that I do not trade).  Even without a takeover, this little company will be in the big leagues once the feasibility study on Agua Rica is completed during mid 2006.  I am expecting a runup to that time, but there will of course be corrections along the way.

NTO, like many mining companies, has made an incredible run over the past 6 weeks.  I believe that the bull run for metals such as gold and copper still has a ways to go, and I really believe that NTO is going to be a monster in '06.  As long as there are no problems or significant delays with the Agua Rica bankable feasibility study, due out mid '06, I think NTO will either at least double in share price on its own, or be taken out by a senior miner for at least $7 to $8 a share.  It will no doubt be a bumpy rise along the way, with significant dips and spikes on a day to day basis.  I like to hold a core position and play with some trading shares on the spikes.

As always, please do your own DD.

Stocksquire

This one is still running, which doesn't come as much of a suprise considering the bull market in the underlying commodities. I may add to this position if it comes back down to the trend line.

Hi,

a stock to follow...When trendline breakout

Back into gold.... 

AP
Meridian Can't Find Alternate Buyers
Friday September 7, 2:05 pm ET
By Adam Schreck, AP Business Writer 
Meridian Gold Says Third Parties Are No Longer Attempting to Acquire Company


NEW YORK (AP) -- Mining company Meridian Gold Inc. said Friday it has failed to attract alternate offers to counter an unsolicited takeover bid by Canadian miner Yamana Gold Inc.
Shareholders of the Reno, Nev.-based company are set to vote on Yamana's three-way deal Friday. The cash-and-stock offer, which would also fold in Canadian gold miner Northern Orion Resources Inc., values Meridian shares at about $31.56 apiece based on closing prices Thursday.

 
Earlier in the day, Meridian again urged shareholders to reject what it called "Yamana's inadequate offer," saying its own shares offer investors "a superior value proposition."

But the company acknowledged it had been unable to drum up competing offers to quash the Toronto company's bid.

"Although several parties expressed very serious interest in a potential acquisition of the company, each of them has now informed the company that, for their own internal reasons, they will not be submitting proposals at this time," Meridian Chairman Brian Kennedy said in a statement.

Meridian shares have fluctuated wildly since the offer was made in June, but have shot up in recent days as the shareholder vote neared. The stock is now trading near Yamana's purchase price, suggesting traders are confident the deal with go through.

By early afternoon, Meridian shares were changing hands for $29.44.

Yamana is offering Meridian shareholders 2.235 Yamana shares plus 4 Canadian dollars ($3.80) in cash for each share they own. Based on Yamana's closing price of $12.42 Thursday, the offer works out to $31.56 per share.

Peter Marrone, Yamana's chairman and chief executive, said in an interview he was confident Meridian shareholders would vote in favor of the deal.

"We're offering a very fair premium. We're offering a full price for a stock that is already recognized as expensive. We're offering a stock that has a significant upside and we're offering a company that is best of breed," he said. "I think shareholders will see this as a prudent thing to do."

The proposition facing voters was sweetened last month to what Marrone then called "a full, fair and final price." The original offer, made June 28, offered Meridian shareholders 2.235 Yamana shares plus 3.15 Canadian dollars ($2.99) in cash.

Marrone declined to discuss his company's next move should shareholders reject the bid.

"It's speculating on something that I fundamentally believe will not occur," he said Friday. "We believe there is significant support for this deal."

By early afternoon, Yamana shares had lost 72 cents, or 5.8 percent, to trade at $11.70. At that price, the deal would be worth closer to $29.95 a share.


52wk Range: 3.28 - 6.25
Volume: 5,178,700
Avg Vol (3m): 988,060
Market Cap: 915.28M
P/E (ttm): 16.10
EPS (ttm): 0.37

Technicals
Most Actives
Gap Up
Percentage Gainer

Last Price Quote is:
20.22%above 13-day MA
17.01%above 50-day MA
RS Rating: 88 

Fundamentals
Key Data:
Market Cap (M): $329.28 
P/E Ratio: 503.33 
PEG Ratio: N/A 
Next Earnings: 11/13/2007
Last Analyst Rating: Market Perform

Northern Orion Shareholders Approve Plan of Arrangement With Yamana Gold Inc.
Wednesday August 22, 2:10 pm ET


UPDATE - Northern Orion OKs Yamana deal, Meridian opposed
at Reuters (Wed, Aug 22)


Wednesday August 22, 2:10 pm ET


VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Aug 22, 2007 -- Northern Orion Resources Inc. (Toronto:NNO.TO - News)(AMEX:NTO - News) is pleased to announce that its shareholders have approved the Plan of Arrangement with Yamana Gold Inc. ("Yamana"). At a Special Meeting of Northern Orion shareholders held in Vancouver earlier today, the Arrangement was approved by 83.1% of the votes cast and no notices of dissent were received.


Under the terms of the Arrangement, Northern Orion shareholders will receive 0.543 of a Yamana share plus Cdn.$0.001 in cash for each Northern Orion share. Among other regulatory requirements, completion of the Arrangement between Northern Orion and Yamana remains subject to at least 66 2/3% of Meridian Gold Inc. ("Meridian") shares being tendered to the Yamana offer for Meridian. Yamana's offer for Meridian is scheduled to expire on September 7, 2007.

Commenting on the results, David Cohen, Northern Orion's President and CEO said, "Northern Orion's strong shareholder support for the Arrangement demonstrates our clear commitment to the business combination with Yamana. This positive vote also considerably simplifies the transaction involving Northern Orion, Yamana and Meridian in that an essential condition has now been removed from the transaction. We continue to believe that the resulting company will have one of the strongest growth profiles and cash flow generating abilities in the intermediate gold producer category."

David Cohen, President and CEO

FORWARD-LOOKING STATEMENTS: This news release contains "forward-looking statements" and "forward-looking information" under applicable Canadian and United States securities laws concerning the proposed transaction involving Yamana, Northern Orion and Meridian. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are based on a number of assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Assumptions upon which forward-looking statements related to the proposed business combination of Northern Orion and Yamana include that Yamana will be successful in acquiring 100% of the issued and outstanding Meridian shares, that all required third party regulatory and governmental approvals to the transactions will be obtained and all other conditions to the completion of the transaction between Yamana and Northern Orion and the conditions to the Yamana offer for Meridian will be satisfied or waived. Many of these assumptions are based on factors and events that are not within the control of Northern Orion and there is no assurance they will prove to be correct. Northern Orion is under no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance of forward-looking statements.

Contact:
     Contacts:
     Northern Orion Resources Inc.
     Investor Relations
     1-866-608-9970
     Email: [email protected]
     Website: http://www.northernorion.com
--------------------------------------------------------------------------------
Source: Northern Orion Resources Inc.

Press Release Source: Northern Orion Resources Inc.


Northern Orion Announces a Reduction in the Minimum Tender Condition by Yamana for Meridian
Thursday September 20, 8:27 am ET


VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Sep 20, 2007 -- NORTHERN ORION RESOURCES INC. ("Northern Orion") (Toronto:NNO.TO - News)(AMEX:NTO - News) acknowledges today's announcement by Yamana Gold Inc. ("Yamana") that Yamana has amended its offer for 100% of the shares of Meridian Gold Inc. (the "Meridian Offer"). As per today's announcement, Yamana has:

1. reduced the minimum tender condition relating to the Meridian Offer from 66 2/3 percent to 50.1 percent;

2. extended the offer deadline to Meridian shareholders from 8:00 pm (Toronto time) on September 24 to 8:00 pm (Toronto time) on October 2, 2007; and

3. increased the cash component of the Meridian Offer by C$2.50 per share for a total of C$6.50 per share, while keeping the share component of the offer unchanged at 2.235 Yamana common shares.

Yamana reports that the cash portion of the consideration will be funded from Yamana's own currently available debt facilities.

Further details of the amended Meridian Offer, please see Yamana's press release of today's date. Under the terms of a definitive business combination agreement between Yamana and Northern Orion announced on July 19, 2007 (the "Plan of Arrangement") Yamana will, upon the satisfaction or waiver of customary conditions, acquire all of the issued and outstanding shares of Northern Orion on the basis of 0.543 of a Yamana share for each Northern Orion share.

The Northern Orion board continues to support the Plan of Arrangement with Yamana and has agreed with Yamana to amend the Minimum Meridian Condition under the Plan of Arrangement. This condition of the Plan of Arrangement has been amended to reduce the number of Meridian shares that must be deposited to the Meridian Offer and not withdrawn at the time of expiry from 66 2/3% to 50.1%.

Yamana has also agreed to commence take up of Meridian shares under the Meridian Offer once the new minimum tender condition of 50.1% has been satisfied and all other conditions to its offer have been satisfied or waived. Yamana has also agreed to close the Plan of Arrangement with Northern Orion as soon as practical after the successful tender for the Meridian shares under the new minimum tender condition and will continue thereafter to use commercially reasonable best efforts to acquire the remaining issued shares of Meridian not held by Yamana.

Endeavour Financial International Corporation and GMP Securities L.P. are financial advisors to Northern Orion.

GMP Securities L.P. ("GMP"), have provided an updated fairness opinion to Northern Orion's Board of Directors based on the Plan of Arrangement and their review of Yamana's revised offer to Meridian shareholders. GMP continues to be of the opinion that the consideration offered to Northern Orion shareholders by Yamana is fair, from a financial point of view, to the shareholders of Northern Orion.

David Cohen, President and CEO

FORWARD-LOOKING STATEMENTS: This news release contains certain "forward-looking statements" and "forward-looking information" under applicable Canadian securities laws concerning the proposed transaction between Yamana and Northern Orion. Except for statements of historical fact relating to the companies, certain information contained herein constitutes forward-looking statements. Forward-looking statements are frequently characterized by words such as "plan," "expect," "project," "intend," "believe," "anticipate", "estimate" and other similar words, or statements. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are based on a number of assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Assumptions upon which such forward-looking statements are based include that Yamana will be successful in acquiring 50.1% of the issued and outstanding Meridian shares and all other conditions to completion of the transactions will be satisfied or waived. These assumptions are based on factors and events that are not within the control of Northern Orion and there is no assurance they will prove to be correct. Factors that could cause actual results to vary materially from results anticipated by such forward-looking statements include changes in market conditions, investor sentiment, trading prices of the respective companies and the risk factors disclosed in the Company's Management Information Circular dated as of July 20, 2007. Although Northern Orion has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Northern Orion undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.

Contact:
     Contacts:
     Northern Orion Resources Inc.
     Investor Relations
     1-866-608-9970
     Email: [email protected]
     Website: http://www.northernorion.com
--------------------------------------------------------------------------------
Source: Northern Orion Resources Inc.