NST and the gold Sector, in general, rallied toward their October highs although the precious metal remains ~$US80/oz below where it was earlier in the month i.e. the stocks are gaining strength even as the underlying precious metal bounces around its 2-year low.
- We believe the gold stocks are poised for a ~30% surge into Christmas – a definite contrarian call.
MM is bullish on NST targeting the $11 area
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