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Newcastle Minerals Ltd A.NCM


Primary Symbol: V.NCM



TSXV:NCM - Post by User

Comment by Wuggyon Nov 01, 2019 10:47pm
181 Views
Post# 30300284

RE:More than half a billion USD market cap. wiped out

RE:More than half a billion USD market cap. wiped outGross overreaction. We're basically back where we were in early June, just because the ounces were off by what boils down in the long term to a rounding error.
On the positive side, the shorts should be finished the orgasmic stage of this selloff, so the shares can rebuild a new head of steam in the weeks ahead.

All else being equal, I'm looking forward to approx CAD$20/sh by end Q1.
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