Freefall since I sold on the 20th November. With the markets recovering and confidence returning fear is down and so is gold price. If this is the start of a good long run in the markets for 10 yrs or so then we are going to see gold very much lower from current prices. Hope is not going save this share price.
Current share price will look good in a month or two for those that cut their losses. Seriously.
This may be one to see sink to crazy low prices and then load up and bottom drawer for a turnaround in company fortunes and gold price. That may be the only sensible play now on this but would mean a timeframes in the years to see a good return now.
My thoughts and opinions only.
NCM Price at posting:
$7.70 Sentiment: LT Buy Disclosure: Held
