i don't think NCM will reach $16, unless there is an absolute crash and panic! which if George Soros is right, there could definetly be a possibility.
However, i took the risk and entered at $19.64 yesterday to let it run long.
NCM will be my first Gold stock for me to Hold as i have completely stayed away from financials.
NCM tiny dividends will be nice too along the way! do have a read:
China may buy more Gold reserves:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aO8E.6_D2tVo&refer=home
Gold to reach $1000/ounce in three years time - Morgan Stanley
http://www.bloomberg.com/apps/news?pid=20601213&sid=aQJtHinhNw9Q&refer=home
Interesting times ahead!!
Good luck to all holders!!
LM
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