Bad gold market the gold market is weak. This is not a shock since the DOW continues higher on a daily basis with no end in sight. As long as the risk trade is on don’t expect gold stocks to go up let alone the penny gold stocks. Every interview I have seen by major gold mining CEOs say that finding more ounces has never been more difficult. NCA has 5M+ ounces. The sellers are selling the gold tape and not not the asset. When (or if) gold starts to get a bid this will be a front runner on a return basis but don’t expect any real love until $1400 Au.