With the diabolical combination of debt, production and profit issues, analysts' downgrades and a gold price trending southwards it is conceivable that NCM could overshoot below the touted $12 mark. How low? It is conceivable that it may fall to a single digit figure before we see the bottom.
NCM at $10 or a shade below would be quite a bargain. Best to get those buy orders in at rock bottom prices ahead of the herd ... that's where the big money will be made whether it's at $12 ... $11 .. $10 ..or below .. before the downtrend reverses.
Catching falling knives is always a dangerous thing to do .... But getting it right and grabbing the handle would be a real buzz.
With the diabolical combination of debt, production and profit...
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