I think the "copper" aspect of NCM will cause problems for the bulls short term. Thats one reason I quit NCM , which had turbocharged my porfolio for a few great years,for pure gold plays. to much reliance on base metal for cash flow. esp at Telfer .
the base metal plays are now being belted for six, there is rotation out of resource stocks back into financials short term.Hard to see NCM not suffering a fair bit next few months. I believe any weakness in copper will be short term, but could be very ugly short term
we'll see! I'll pile back in at some stage, when I know they can really make a buck out of Telfer
NCM Price at posting:
0.0¢ Sentiment: Hold Disclosure: Not Held
