Newmont Could have Bought Credit Sussie for 99% discount from the 07 highs..... for only 3.3billion all script.. with an extra free 100b from SNB and 9 billion from Gov back stop
Why buy us for 30~40% premium? and asking advisors to cap our share price..
They could have eaten up some banks and renamed themselves to New Gold Bank NGB stock code.
all Gold Mined and Refined goes straight into their vault and offers storage and direct sales to sovereign Central banks and retail bypass those gold "exchanges". Vertical integration.
Much like what Elon is doing.. He is 'mining' Lithium and use technology to get rid of all rare earths needed for future production......
ONE THING HE CANNOT GET rid off is Cooper!
NCM Price at posting:
$25.72 Sentiment: Hold Disclosure: Held