GOLD 0.51% $1,391.7 gold futures

buying opportunity newcrest reports tomorrow

  1. adz
    263 Posts.
    G'day gold fans.

    Newcrest release their September quarterly report tomorrow morning. If the results are good as I expect - mainly due to the higher AUD$ gold price during the month of September, NCM may prove to be a trading or investment opportunity if bought today?

    Production (fuel) costs could well be down - margins up and I also expect some exploration drill results from the various programs underway.

    Calculated speculation only. A spike up in the price of gold will help my prediction.

 
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