golden eyes: newcrest looks at balancing its c, page-23

Greyhoundtrainer,
No, I haven't bought any LGL, I don't need two same sector stock in one portfolio. I can't remember when to be exact, but didn't LGL had a poor forecast outlook not long ago, wasn't it only two or three weeks back and they tank 10% that day? I don't think LGL's report will be the opposite of NCM, then I would be wrong.

NCM's report didn't have problem, they had lower production. NCM is not like they are in financal problem!

If Coles is selling less ice-cream in winter, doesn't mean Safeway will sell more! Good luck with your LGL, as for me, these sort of economic uncertainty, I'd like to stick with something that is bigger, been around for ages, have less chance they will go "kaa-boom" overnight.

Greyhoundtrainer, pleae read the report once more.

The last bit, is the one that I am interested in most

Positive gold price movements offsetting copper price reductions
Low gearing & strong balance sheet
Project portfolio & exploration program on track
No quotational period adjustments for copper



Did you see the last bit, "Low Gearing! and Strong Balance Sheet!" That gives me comfort to sleep well at night.

Not how much they think they could make, I've learnt my lesson on BNB.