I'd say you're right. IMO BOA may be shorting NMG because of the massive gap from 20c-15c going back 3 years. Then there's another big gap from 14c to 7c. Some of the goldies have been all the way up, all the way down, drawn to fill gaps so low it's hard to believe. RMS filled an old gap at 43 on Thursday and was up 24% by Friday. Anyway, the other reason may be because NMG are a prime T/O target as an upcoming producer in Ghana. 21c is key support. The good news is there are gaps up too: 37c, 43c, 54c and 75c. Only have a small holding, so if NMG goes to 7c it's time to back up the truck. We'll know in a few weeks which way it's all going... cheers
NMG Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held
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