buy, page-30

NCM is a virtual proxy for the gold price - esp. since it is a low cost producer with enormous reserves / resources.

That said, I would not be paying too much attention to NCM's medium term s/p chart - the chart to focus on is that of gold (and it is still in clear uptrend)

Shorters of NCM play a very dangerous game ... this stock can turn on a dime and a "power uptrend" from 'out out of the blue' would not surprise if the gold price gets up a head of steam.

Short covering would give NCM greater impetus as new long positions are taken.

Fascinating stuff ... I will hold on to this one for a good while longer, I reckon.