ncm currently worth $30+, page-9

Cheers Kumbia, aside from the huge discount NCM is trading at and therefore the current opportunity for all to profit, it would be very disappointing for a North American to cheaply acquire, and for Australia to lose what could prove to be one of our biggest, best and most profitable companies in the years ahead.

MIM were gobbled up just before the demand for and prices of the base metals took off and only one director(the MD, Gauci) had the courage and foresight to recommend that the MIM shareholders reject the offer.The motivation for and rationale behind the other MIM directors recommending that MIM shareholders accept the bid, is well worth a look.

A company like NCM cannot be put together overnight and to lose it at the beginning of what looks to be a huge bull market for gold would be tragic.NCM has had its share of ups and downs over the years and is now positioned do reap very big rewards.

With gold on the way up and NCM emerging as one of the biggest and best gold companies in the world, I just hope that Australian institutional investors help to push the NCM share price to a level that more closely reflects its value and enormous potential value in the not too distant future.

The falling USD v the AUD and the rising gold price is likely to entice a North American company to make a bid sooner rather than later.

Add to this the fact that NCM are very confident that Telfer is on schedule and due to be commissioned shortly(NCM have a history of delivering on their promises) and the forthcoming weeks/months should prove very exciting.