NCM 0.00% $23.35 newcrest mining limited

Don't worry, be happy, Sometimes the market is stupid, The...

  1. 17,185 Posts.
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    Don't worry, be happy,

    Sometimes the market is stupid,

    The market more than likely didn't like the grade reduction out to 2020,

    Don't worry, they already have a plan to keep increasing free cash flow,

    They have money to buy out a junior company within 100km,

    Shell be right mate, you'll see, POG keeps going up, NCM will get another hole in the ground on line and pouring more gold,

    Just wait for the transition process to work it self through,

    They are pulling gold out the ground for $738 an ounce, current gold price is almost $2240 per ounce,

    You know what happens when the gold price hits $3000.00 an ounce,,,,

    Yep, it'll be party time,

 
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Currently unlisted public company.

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