Yes noticed that the north american miners hardly moved Friday night - although it was equity options expiry. Having previoulsy held Newmont for many a year options expiry week in the US was never a good tiome for gold stocks irresspective of a rising gold price - the call writers dominate the large gold stocks during OE week.
Lets see what Monday brings - don't forget NCM reports MArch qtr numbers on Tuesday - you would think that NCM may see some aggresive short covering Monday - don't forget snr management has been overseas roadshowing for the last Month and Tuesdays CC could reveal some positive announcements.
NCM Price at posting:
$41.30 Sentiment: Buy Disclosure: Held
