NCM 0.00% $23.35 newcrest mining limited

Ann: Newcrest completes acquisition of Pretium Resources, page-4

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  1. 3,215 Posts.
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    The big boys are only interested in 'playing' the stock in line with the POG fluctuations. They make millions doing it every single trading day. IMO, They have very little interest in the fundamentals unfortunately, which results in the SP capitulation today. AISC is forecast by the company to reduce significantly which means more profit. Throughput (ore processed per day) for the new acquisition is also expected to rise 15-20%. That's not chicken feed, especially if AISC in reducing.

    Perhaps, it was already priced in. Hard to say. As I lament on a regular basis, NCM is the plaything of the big boys and will continue to be IMO. Keep your skin thick and ride the wave.
 
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Currently unlisted public company.

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