ncm now a world ranked gold miner

THe merger between LGL and NCM has created an international gold miner which now clearly ranks on a world scale and is fourth in market capitalisation behind Barrick, Goldcorp and Newmont, and is clearly in a position to mount a challenge right now to both Goldcorp and Newmont.

See http://www.asx.com.au/asxpdf/20100830/pdf/31s65wpmb1qx2k.pdf

Apart from increased institutional buying from Australia as a result of NCM's increased weighting on the ASX All Ords etc., international funds investing in the gold sector can no longer ignore NCM, which is inexpensive by comparision with Barrick, Goldcorp and Newmont.

I expect that the NCM share price will increase significantly to narrow or eliminate this value differential.