Yep,that debacle with management in June has certainly placed restriction on NCM shareprice movement.
Curious spot NCM friday close,on bottom edge of grey background of chart. Hui,gdx,Barrick are all now testing May and June supply,those who want to sell. If that debacle did not occur,the shareprice would probably be testing that area above grey area,somewhere around $15-$16 region . Once it breaks above that 24 July high in grey area,one would imagine a quick run up into that may june area. That lone candle 6 june,I wouldnt think it would cause much problems. Of course all now depends on how the others Gold etc react.
NCM Price at posting:
$12.57 Sentiment: None Disclosure: Held