gold,,,,it did break to yet another low last night before a mild rebound ,,,lower low....
........."5~6 $ per share means NCM is 3.5 billion, If you are right It will be massive target for Chinese & Indian & USA .........
yep what a deal that would be,,,,spend 3.5Bln to get 4.6Bln in debt and a swag of high costs mines ............everyone telling me how smart the chinese are,,,,,,,,,,,,,,,,that doesn't sound too smart to me,,,,,maybe if it was 5 and the mines were all cashflow positive and all profitible and the gold price was trending up...........
Anyway,,you never know,,,,but it was called a takeover target at 36-30-26-20-16 9 and here we are, debt rising, slashing costs and mining stockpiles in the face of a trending lower gold price.........
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