NMC nustar mining corporation limited

Telfer problems are not resolved ... gold price is weakening ......

  1. xerxes_ph
    9,081 Posts.
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    07/06/06
    13:09
    Post #: 1609518
    Telfer problems are not resolved ... gold price is weakening ... short term trend is down ... I have had a short on this since it was $20. 40.

    It's now 19.73 or thereabouts.

    The recent close below 19.86 was bearish ... technicals point to a drop of $4.00 - $5.00 from that point.

    When it gets to $15.00 or thereabouts I will re-enter - not before.

    Stick to your 'pipe dream' - good luck.
    NMC Price at posting: 0.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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