SG I totally agree with your analysis on NCM. Facts remain as follows for NCM 1. Nett Debt around $5 Bil + and will keep going higher if the $a falls to say 80C. 2. Gold is falling and in the immediate future will keep falling due to Fed tapering and US economic figures getting stronger by the day. 3. Falling $A will help NCM with Gold Price to some extent. 4. NCM has heaps of Millions of Gold reserves in Gold but a lot of them are not at a profitable stage atm due to the current Gold status 5. Management are a joke imo. 6. Market must know something that we don't know otherwise when the GP goes up a bit or $A falls etc or the Market in an uptrend mood, how come NCM sp is heading south on a rocket. 7. As we see it at the moment NCM Looks sad and sorrowful state.
NCM Price at posting:
$7.67 Sentiment: ST Sell Disclosure: Not Held
