Very interesting that with only a few exceptions, NCM and PRU being the most notable, that even with Gold dropping, the AUD is dropping even faster than AUD Gold price. The point is virtually no other Gold stock is near their May lows even though Au is considerably lower now. Relatively speaking, they are starting to 'churn' a bit. NCM still is subject to more downside as more bad news cannot be ruled out,conversely good news would cause a big pop IMO.
NCM Price at posting:
$10.93 Sentiment: None Disclosure: Not Held