well apears to be no real news out there, This is what dow jones says on the gold sector:
0949 [Dow Jones] Bias for shares in gold miners likely down, despite spot gold holding in recent range, since March 23 US$421.75-US$429.70/oz. Last US$426.60/oz, up around US$3 from a day ago. This modest gain normally would help support mining shares but general nervousness about resources companies likely a more decisive factor. Softer base metals sector won't help either. That said, any moves won't be large for major miners including Newcrest (NCM.AU), Lihir (LHG.AU), Croesus (CRS.AU). Some interest in yesterday's larger movers, Perseverance (PSV.AU), off 19%, Dragon (DRA.AU), offl 7.7% and Bendigo (BDG.AU) up 9.4%. (RCB)
NCM Price at posting:
0.0¢ Sentiment: None Disclosure: Held
