about face , heading north, page-8

What a dreadful performance from NCM today, < 2%.

Surely nothing to do with the financing, this was long expected, and certainly not bad news. More like no news at all.

So, it's negative sentiment hanging over from the cost blowout at Golpu I suppose. Typically exquisite timing from management to release a negative announcement like that right at the beginning of the next uptrend for gold. Brilliantly done, again!

This continues to be the most frustrating position I've ever taken.