NCM 0.00% $23.35 newcrest mining limited

This 2 day sell off seems completely over the top. Now down 7%...

  1. 524 Posts.
    This 2 day sell off seems completely over the top. Now down 7% or thereabouts....
    You would think we are talking about a production shortfall of 400k to 500k ounces.....

    Refer - http://www.fnarena.com/index2.cfm?type=dsp_newsitem&n=BC37F862-CAC4-35AC-8C493521617511E4

    "Consensus ratings drop from $42.97 down to $42.59"
    Wow!
    JPM sees unit costs rising from $578 to $600 but the rise in aud gold will more then offset this..

    Buying opportunity with aud gold at these levels.
 
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