NCM
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0.00% $23.35 newcrest mining limited

newcrest mines cowturds or seashells not gold.

  1. goldmick
    524 Posts.
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    15/09/11
    15:41
    Post #: 8965273
    You would think that would be the case watching the relentless selling - actually its beyond relentless - NCM now has become technically oversold and is due for a bounce. Aud gold has been around the $1770 level for a while now.

    Longer term nothing changes - for those not pre occupied with this selling barrage a new presentation from the North American roadshow :

    http://www.newcrest.com.au//upload/829_9x13x201163446PM.pdf

    The cash margin graph on page 9 of presentation is key.
    NCM Price at posting: $37.81 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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