NCM

I don't own shares in NCM. Today it announces a 50% jump in profit due to rising POG. Do you really need the ASX announcement to know that? The share price got a lift because of this news. I could have told you a long time ago!

I don't hold NCM because there are better gold stocks to invest in. But if you have millions of dollars to invest, then this is one of the stocks you should have ownED.

There will be more profit announcements like that. History is repeating itself. It happened in JSE a long time ago too with a delay in the rise of gold stocks when POG had already gone up earlier. It is unbelievable that fund managers could be so slow. Slow mentally, and slow in response.