SG,
The bottom has been broken many times now and where will it stop??? ma go much much lower now.
I am just watching and not in any hurry to buy anymore yet.
The last time NCM was at this price was at 2004 and gold at that year was average 400 bucks and Aut dollar to US was 68 odd cents and NCM production was alot smaller than 1.6 mill today.
All these figures are fact and there is something which may surprise people eihter NCM will get into bigger trouble or they will survive and goes up after going down to.....who knows how much lower.
Can hedge funds push price to 9, or 8 or 5?? no one knows.
I would now rather be watching and manage my position and wait for my time to buy more or neutralise some longs with some shorts.
Market is going down as Benny speaks but it should be happy that now US economy is stronger......??
Time to spare some cash as huge opportunity may appear.
Cheers,
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