NCZ have been busy reprocessing tailings from previous owners dams, and are still in search for the elusive high-grade tailings node. Unfortunately, management were probably banking on a rising Zinc price to make the operation viable, but so far, to no avail. Weekly momentum has been in a Bear trend for the past 12mths, with a couple of False BO's thrown-in for the true-believers, but they've been fake moves imo.
Weekly momentum is currently DECREASINGLY BEARISH - due to the most recent False BO - and should return to INCREASINGLY BEARISH conditions on the break below the 61.8Fib retracement, and then on thru this years low at 0.62 over the next several weeks imo.. GLTA.
NCZ Price at posting:
74.0¢ Sentiment: Sell Disclosure: Not Held