why?, page-3

re: why - ncm down ? All,

Can someone give me reasonable explaination why NCM is down now over 8% since the start of the year yet gold has now today rallied to over $US385.00/oz.

Sure A$ equilavent has not risen as much to the Aussier Dollar appreciating against the USD.

Is it NCM bad hedge book, cost of production or is there something else in the cupboard.

I am long NCM as I brought nearly a year ago, but I starting to wonder is there a better gold play ie KCN, CRS, LHG etc

Any comments

Muzz