To be totally honest with you SP I believe that NCM is still a...

To be totally honest with you SP I believe that NCM is still a little over valued compared to the rest of the market.

I know that it isn't what people want to hear but that is my honest opinion.

You will be hard pressed to find companies trading at anything much higher than P/E's of over 12 however NCM is trading at a P/E of over 16!

Maybe this is the main reason that NCM's share price is stagnant??

I'd say that once the price of Gold starts to rise up to the $2000 mark then NCM will start to break out of this trading pattern??