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Posted by weatherbill on :
 
NTO is Northern Orion , a copper and gold mining co, on the Amex.
Their numbers are great for a fairly new mining company. The have just turned the corner of having no debt last year and their mines are now producing pure profits.
If you know anything about mining companies, it takes years to develope a productive mine and then to get out of debt from developing it.
Well NTO is cheap right now at around $2.55. This stock should get to $3 easy fairly soon.
With oil going up and up and instability in america becasue of China trade deficit, gold and mining stocks are a very secure investment. You might be looking for high risk, high reward stocks, but you should always have a sure solid winner incase things go wrong. This is a good sure thing.....
 


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