I don't have any trouble with them raising cash via equity issue......
I am not going anywhere at these prices....only adding when I see fit......
there is no problem placing loss making mines on care and maintenance till GOLD price moves higher....actually better to do so than let the ounces go cheaply.....
NCM have 80M ounces or so...that's a guess...
why dig it up and give it away......
get rid of some of ego's in head office, trim to the bone....
Mining stocks.....buy when they are not making money......sell when they are.......
NCM Price at posting:
$7.22 Sentiment: None Disclosure: Held