Northgate Minerals: Another Junior Miner on the Move

Thanks for all the positive feedback on the post about the Newgold (NGD)- Western Goldfield (WGW) merger and the possbility of a U.S. Gold (UXG)- Rubicon Minerals (RBY) deal. Many have asked what other gold mining companies I own. Here’s the current list: Yamana Gold (AUY), Banro Corp. (BAA), Claude Resources (CGR), Golden Star Resources (GSS), NovaGold Resources (NG) New Gold Inc. (NGD), Northgate Minerals (NXG), Rubicon Minerals (RBY), Western Goldfields (WGW), U.S.Goldcorp (UXG).

Today I want to take a closer look at Northgate Minerals (Amex:NXG), a gold and copper miner operating in Canada and Australia. Northgate exhibits strong momentum both fundamentally and technically.