Sunday, July 29, 2018 11:44:05 AM
NGD.TO - not a microcap but epic selloff over?
Anyone looked? In $CAD share price terms it's down from ~$7.50 at peak of early-2016 run to Friday' $1.64.
The news on Friday was that the Rainy River Commissioning was still having trouble taking off and this was enough to likely trigger stop losses around the low $2.00s which was where NGD.TO bottomed in 2015 which could be the bottom of the 2011-2015 gold bear.
CAD 950mm MC after Friday's selloff.
Anyone following or have an opinion?
Anyone looked? In $CAD share price terms it's down from ~$7.50 at peak of early-2016 run to Friday' $1.64.
The news on Friday was that the Rainy River Commissioning was still having trouble taking off and this was enough to likely trigger stop losses around the low $2.00s which was where NGD.TO bottomed in 2015 which could be the bottom of the 2011-2015 gold bear.
CAD 950mm MC after Friday's selloff.
Anyone following or have an opinion?
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