Some very good results recently making me feel that it's...

Some very good results recently making me feel that it's business as usual for this company. To rationalise the recent price slide from around $5.88 to $4.36 (a healthy 25% pullback), I think there has been 3 factors triggering this
(1) Short term profit taking from the large bullish/momentum move from $3.00 to $5.88 earlier this calendar year which with hindsight could not be maintained without a correction.
(2) Some recovery in the major stocks such as BHP, NAB etc resulting in some funds moving from gold stock to these major stocks. I do however think the moves in BHP, NAB will be relatively short lived.
(3) Price of Gold losing it's momentum and trading now in a tight range, although still at a healthy AUD$1,750oz so in theory should not be a key factor to NST's correction.

The current price of $4.36 I feel is much more sustainable price level where the next leg up can be developed from this level.

My 2 cents for the day !!!