RE:divergence between NCA and gold pricesPeople want hard numbers, is it 7 million OZ's or 8 Milion OZ's, is it .75 grams or 1 gram etc. etc.
It's human nature.
And then are we hitting at South Domes and where are we drilling the next 10,000 meters and why.
I think when Management puts a little more meat on the bones this thing could really start to fly but it may not happen until we get a bit closer to the various site visits and road shows etc.
Not long now though.
agoober wrote: the negative divergence occuring between NCA and the price of gold is baffling. junior gold developers are suppose to offer leverage against gold prices. every dollar that gold increases above newcastle's breakeven point, the NPV of the project increases and the project becomes increasingly attractive. for some reason, the share price of NCA has been lagging behind the price of gold. i except this divergence gap to close in the next couple of days and we should be over $1.00.