"Something is up - It smells as if NCM is about to make a play for someone...Gold down about $12 for the week yet NCM decimated.....PRU and KCN up 1% and 1.3% today."
Goldmick, that is way off imo. NCM has more than enough on its plate with its own huge development projects.
Considering how KCN has been battered, surely you'll allow KCN a 1.3% rise following a solid rise in gold overnight without making a baseless NCM takeover guess?
Rest assured - KCN has made clear its own expansion plans plus to fill the ASX void between NCM and other gold equities - and this DOES NOT include being taken over.
NCM Price at posting:
$33.18 Sentiment: Hold Disclosure: Held
