NEM 1.68% $63.47 newmont corporation

They definitely not being valued based on the increased pricing...

  1. 221 Posts.
    lightbulb Created with Sketch. 43
    They definitely not being valued based on the increased pricing of Gold and Copper, in the insto's view, maybe they don't believe the pricing will hold.

    If the commodity prices stay high for a couple of Qtr's the sector will re-rate and usually it happens very quickly.
 
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