NEM and other gold miners have been decimated in recent months due to a collapse in commodities. NEM appears to have bottomed, based and consolidating. I would expect a move to $60-65 in coming weeks. NEM is highly oversold on daily and weekly charts and Copper/ GOLD seems to have bottomed in $1665 range recently. Purchased a total of 500 $52.50 NEM October 21st calls.