Maybe there needs to be an inquiry as to why NCM has been hyped by a number of brokers and spin merchants, when it was obvious NCM was overpriced. Its real value with current forecast of gold price in mid $1400 is around $10.
NCM is still hamstrung by the LIHR takeover and cannot even give a decent dividend in good times. A fact overlooked by many analysts. Wait for a drop to $10 which will come soon enough and will be a buy.
