Looks like the exact opposite to me. Hope I’m wrong. Recent price rise stinks of a short trap and with about 2M in outstanding short increases over the last month I wouldn’t be surprised to see a big sell down. Would buy with caution if I was thinking about taking a position.
Almost approaching 2 quarters of production, most companies average 90+% of nameplate recoveries by then, not sure NCZ will achieve that. Happy to be proven wrong and still optimistic about the long term economics of the project.
NCZ Price at posting:
92.0¢ Sentiment: Hold Disclosure: Held
