I remember during the June/July slump and fear of the first $9.07 low, there was speculation/talk of a take-over for NCM. That has not happened this time at $7 levels.
If there was talk of it then and possibilities, then I am sure there would be now, but it seems quiet.
It could also be that NCM raises capital with the intention or talk of taking over a junior miner.
Either way, something interesting is bound to happen.
Just some thoughts I have been having.
NCM Price at posting:
$7.77 Sentiment: LT Buy Disclosure: Held
