When gold moves beyond US$1375 its going to then move a lot higher. NCM is the single best gold leveraged play in Australia as far as I am concerned. I have bought a little but may well add a lot more if we keep seeing incremental moves higher here... AUD$30-40 would have to be on the cards given a break above US$1375. It has threatened a few times since the low a few years back.
JFI
