ncm fundamental outlook and basic technical, page-7

Sydney,You forgot to mention that drops in production is effecting the other majors in this 1st quarter as well.

Barrick Gold (18apr)posted 17% fall in gold production in 1st quarter.
Goldcorp posted 18% fall in 1st quarter
NCM posted 12% fall.

(someone may want to post the others)

Falls in production across the board = less available Gold = higher demand = higher POG.

Highest volume recorded on thursday with NCMGY since chart started oct 08.(sign of LOW is in)

Three line charts of Barrick,Goldcorp & Newcrest show all effected equally.
All 3 now moving up in unison