sure Lihir island is a risk, well known and documented,,infact the retiring CEO said he would NEVER buy LGL becasue of the risk of a volcanic eruption, but then proceeded to do so....
dormant cant turn to active at any time GHT
not sure if that is what is causing the sell down, its been going on for nearly three weeks despite the upward movement in Gold, well before the event in Japan...now it just feels like a spiral as support is broken and investor move to mitigate and losses or to preserve capital......
Any damage from that resent earthquake in vanuatu,,,,,their last one was in DEc 2010
NCM Price at posting:
$35.60 Sentiment: ST Sell Disclosure: Not Held