its definitely lagged behind the gdxj basket of stocks.
they keep smashing it but the pullbacks are 50PC less, hasa then recovered and is slowly but shorley lifting the closing price on the weekly, about to set another 12 month high weekly chart.
both weekly and monthly cahrts are at another 12 month high which indicates growing support
fundamentals looking good also
margin expansion ave for qtr if only slightly below level on aud gold but aud copper there is a huge increase, good for copper credits, copper production was lifted this QTr
Gold USd slightly improving, AUD back on the rise, its just not really on ppls radar at the moment imo, but its back to 2013 prices, so its definitely on the mend, personally I think its good for a breakout at some stage.
c how we go ayy!
NCM Price at posting:
$14.56 Sentiment: Buy Disclosure: Held