I considered that the recent annual report was the earliest...

I considered that the recent annual report was the earliest opportunity that Robinson had for a deck clearing exercise. This type of thing is normal when a new CEO takes over, not that I agree with it, just that it is a common practice. Ore had also been stockpiled and not processed according to that report. After examining the cashflow and debt, plus the reserves, I think NCM is an excellent long term play in the gold sector. Whether NCM goes up or down in the short term will relate to the POG, which I cannot predict. I am a buyer at these prices, but admit there could be further weakness in the SP. However I take a medium to longer term view and realise that if sentiment changes then SP could spike upwards quickly.