NCM 0.00% $23.35 newcrest mining limited

thirty bucks by xmas, page-13

  1. 24,765 Posts.
    Remember Xerxes, the target I am prepared to post here is $100, which I think will be very conservative.

    Think about it. At US$1500 what would you expect NCM to be trading at?

    Now if gold was to reach prices around US$5000 whih is certainly not impossible? What would you expect NCM to be trading at?


    Market sentiment for gold stocks also needs to be taken into account.

    There will be a time when gold shares are massively over priced, and this could go on for months, just as most gold stocks are currently substantially underpriced in relation to gold.
 
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Currently unlisted public company.

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