Hi Z, ncm has been trading pretty consistantly to gold, usd/aud etc, resently we have had the problem of a stella rise in aud and the drop off in gold,,,,that has hampered us (longs) a bit.....good news is that things are slowly moving back to equilibrium,,,,aud spike has stalled, gold is back from 860-880 and is climbing and more talk of inflation after many have only just noticed commodity price increases etc.....$33 wont be too far away provided pog rises faster than AUD,,,plus if there is even a real hint that GOLD is going to attempt $1000 again soon, NCM will pop past 33 imo....
let see what happens with retail sales and import and export prices in the usa...
NCM Price at posting:
$30.15 Sentiment: None Disclosure: Held