NCM 0.00% $23.35 newcrest mining limited

I read yesterday, that Goldman Sachs upgraded Newcrest to a buy...

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    I read yesterday, that Goldman Sachs upgraded Newcrest to a buy with a fair value of $33.50.
    I guess the reason some investors dumped NCM was because of uncertainty over the future gold price, what they fail to realise is holding gold and gold shares in quality company is the same as holding insurance.
 
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Currently unlisted public company.

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