NST

When it had a good drilling result recently, I took the opportunity to jump into NST. Very often, the excitement causes a flurry of activities, and then it settles down. But the drilling result was too good to ignore. It doesn't matter if it falls (it is very difficult to buy at the trough)... as long as the share price turns upwards again soon after.

NST has risen over my buy price again. This one is a PRODUCER. Looks like the new floor for POG is USD$1700.

Monday is going to be the financial wind wane in response to the European summit. I find it very difficult to predict because logic does not prevail. The SPI is up a lot but that does not mean anything in the longer term. I am still cautious and will mostly look at value only. Gold producers are still my top choice. Banks are great for pensioners who are investors but banks keep getting fucked by politicians. Would a politician ever tell a voter that a profitable bank is a sign of healthy financial system? When a bank's profit is marginal, it is time to take your deposits out before it becomes even more marginal.