NCM 0.00% $23.35 newcrest mining limited

gold will have it's day. be ready, page-13

  1. 13,091 Posts.
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    Hi myusan

    Its not that simp,e to say, aud falls then its worth more,,,,,,,,,if that was the case, why was it at 42 when the aud was at 106 plus?,,,,,,,everyone who followed that idea is underwater,,,,,,aud has fallen,,,but so has gold and so has ncm,,,,,but from 42, the debt has gone in the other direction up up up.....

    I cant comment pn 5, i think there is an absolutley enormous number of shares up high that have double up and are overexposed and underwater,,,,,,,Lots of margin,,one week of selling isnt going to rebalance this situation when the regisyer is the size it is......

    Got to ask what are you buying for 777, what are you getting for your money? No div, growing debt and a company in crisi mode,,,ie slashing more,,,they arent doing that becasue things are good,,,,nothing has changed imo other than those holding up high are seeing more red,,,,no company change

    Glad none of my super is in it,,,,,,,,,,but otherrs will be happy and see a bargain,,,,that fine but history has showed its a capital killer and highly speculative trading stock for punters..........
 
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Currently unlisted public company.

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