I think enthusiasm for the big gold producers has been zapped a bit with the rally. Lots of smaller players are seeing some money come back in tho, SLR, IAU, IRN just to name a few. If this is a bear market rally, good time to buy the likes of NCM soon, the POG has held up well so its just as profitable. Who knows where it will go, but I think this sideways movement will end soon with a movement to sub $25 possible on the downside.
NCM Price at posting:
$29.50 Sentiment: Hold Disclosure: Held