LGL finding it tough also! LGL's last quarterly was a ripper with the exception of Ballarat. Technically with the close on the low it looks as though NCM is headed down to close the gap at $29.05. That $29.05 area is now critical support as it is also the lower uptrend line of the entire move from the October 08 low. You don't want to be holding NCM if she closes much below $29. Looking at the NCM chart she normally puts in a key reversal candle if bottoming at significant support so if the case maybe a hammer tomorrow that closes the gap.
Sorry, its the best bullish case I have. Gold between $890 and $930 is in no mans land regardless of what others think. Silver fighting significant resistance between $14-$15 which I suspect it will not overcome short term. HUI and GDX trading up towards the top of their respective ranges/channels so it's all set for a move one way or the other! Mchugh has gold and the HUI topping short term also!
NCM Price at posting:
$29.50 Sentiment: None Disclosure: Not Held
