NCM 0.00% $23.35 newcrest mining limited

bounce from 52 week low, page-39

  1. 2,854 Posts.
    Agree kpool reegards $A and POG and on that basis i took a position yesterday.
    I felt NCM was reasonable value at these levels, in for a penny in for a pound.
    Twinsen
    You need to remember that Gold at the present level is presenting companies like NCM with still very healthy profits.
    I dont know why you think NCM is a complete disaster, is it becaz you too a hefty loss.Surely at these levels its a reasonable buy.
    It may well fall another dollar or two but i think if that happened support will be strong.
    We will see.I could be wrong these markets can be crazy.
    Cheer
 
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