Can not understand why the stock didn't surge any more than 1 day on this news. It would seem that the majority of Aussie Instos #1- ignore the ounces in the ground aspect when valuing gold miners - as opposed to North AMerican instos. And #2 many of them assign ridiculous long term gold / copper price assumptions - some below $1000 an ounce for gold and $2 a pound copper.
For sure a Canadian listing will go a long way to addressing this issue.
NCM Price at posting:
$37.01 Sentiment: Buy Disclosure: Held
