NCM 0.00% $23.35 newcrest mining limited

problem is madcap the copper price keeps the thing afloatso is...

  1. nk
    3,097 Posts.
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    problem is madcap the copper price keeps the thing afloat

    so is this a copper play or gold play?

    copper tanks due to worldwide recession things get very ugly for NCM cost wise take a buck a pound off the copper price and see what it does to the byproduct credits

    There are other gold stocks to buy with a better cost profile without needing base metal credits to stay alive

    NCM has been great for me, I first got in around $5.40. I'll keep an eye on it
 
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