NCM 0.00% $23.35 newcrest mining limited

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  1. 217 Posts.
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    The price action in this stock has got 1 of 3 scenarios playing out.

    1. Serious major accumulation being worked very well by bots.

    2. Blackrock are still selling and use any strength as an opportunity to unload.

    3. Still remains the Hedgies short tool paired with long gold.

    So which is it?

    Free cash flow this Qtr is going to be above $750Mill. Cash flow for the entire last year about $1.6Bill.

    What I don't get, regardless of what scenario is playing out, is why management are not talking it up. Not sure how to take their silence?

    As is usual for this stock, real movement in the share price will probably come just when you dont expect it.

    Hang in there GHT. Unless there is something seriously amiss, the share price will move.

 
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Currently unlisted public company.

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