All part of the cycle, I'm going to dive in at what I believe will be the base, hasn't reached it yet.
Sit and hold, when gold rebounds - NCM goes with it, the biggest goldy, not the best, but I can't see it dying any time soon.
NCM will probably pick up some cheap assets as the small players die off, build their inventory, mothball a few prjects, but hit the ground running when things pick up.
One sneeze from the US/Europe and this one runs.
NCM Price at posting:
$7.70 Sentiment: None Disclosure: Not Held