instos piling in

Intitutional inverstors and fund managers - esp. super funds - seem to be be targeting NCM as a safe haven play in troubled times.

The Barclay Group has just lodged a substantial shareholder notice with some +22.6 million shares or over 5% of NCM's issued capital.

Expect more of the same in 2009 as the US$ weakens and gold tracks significantly higher.

On track to challenge the all time high ... imo.

Stay the course ... this is not going back to $28 any time soon.

Happy holding this one into 2009.