As many have probably read and know there is an economic slow down due to the US debt crisis. lol. It is quite clear that there has been a sell off of liquid stocks to cover the debt. What is in store for the coming years is unknown, but many feel the general stock market will struggle (whether it will become as far strung as a depression is yet to be determined). However, it is a clear fact that in times of uncertainty and deflation there is a large demand for gold.

It is quite clear to me that NOT is in a very unique position such to take advantage of gold and also benefit from a premier base metal and PGE discovery (which may flip things upside down and help attract attention to the gold asset if base metals struggle). It is well documented that gold mining stocks fair very well in a period where paper money is struggling. My point is that even if equities get hit hard such that they return to the levels many years ago (worst case scenerio) NOT could be a clear survivor. The demand for the DE discovery coupled with an exciting gold prospect at WF make this stock a very attractive investment at this stage of the game.

So for all those out there that are predicting doom and gloom in the markets... you may be right, but there will be survivors and i am placing my bet with this little dandy.

GLTA

Intothewest