NCM newcrest mining limited

$11 in sight; shorts jumping like lemmings, page-22

  1. 634 Posts.
    if gold price breaks $900 an oz NCM will go close to $3 that's a given. They have always denied a capital raising doesn't mean it wont happen down the track. This stock is tied to the gold price purely because it has 5b debt. If it did not it would be safer. But if gold does a flush out of longs this will get hit hard.
 
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Currently unlisted public company.

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