Re this bizaar disconnect between NCM / the gold price - and NCM and its north american peers - one can only assume the selling pressure is from call writers doing there thing - NCM investor relations advise that to the best of their knowledge there is no large institutional sell off taking place.
Again all I can suggest is following options expiry this Thursday the stock begins a new upleg - In the interim I will continue to buy at these discounted prices. IMO Any investor with an investment time frame longer than a week should not be concerned.
NCM Price at posting:
$39.83 Sentiment: Buy Disclosure: Held