I have never owned a single share in NCM and I do not have any intentions in own a single share any time soon.
Though since the fall from the high of $7.50 down to a low of $6.62 (correct me on the low) I must admit that NCM is holding better than it would be expected by bouncing more than would I have liked (no more than $7.00 - see posting).
Infact most AUD-gold equities are holding better then their USD-counterparts. WHY? because demand exceded supply at the lower levels ... this I will grant you.
NEM I consider is resting on some might DO NOT CLOSE BELOW LEVELS ... WATCH OUT BELOW.
Only time would tell if I am correct or if I am wrong.
Arhidas Does not own any gold stocks other than AVO.
