somtocan interesting you say that, UBS lifted its 1month and 3month price targets on gold to 1850 about 2 weeks ago once everyone knew QE3 was all but locked in, i think at 1850 ncm would trade low-mid 30's untill we get some sort of production guidance confirmation later in the year once the lihir upgrades have been fully installed. If thats positive they could add potentially 200,000oz to the guidance which would put another couple of dollars on, and then we're just moving with gold again after that.
crossing my fingers theres debt ceiling talks around the US election because that could give us 2200 gold come december
- Forums
- ASX - By Stock
- $30 barrier
somtocan interesting you say that, UBS lifted its 1month and...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NCM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online