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0.00% $23.35 newcrest mining limited

"""Big factor to me is still the gold price of A$1700+ since...

  1. goldmick
    524 Posts.
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    20/09/11
    10:52
    Post #: 8982490
    """Big factor to me is still the gold price of A$1700+ since July 2011 versus A$1378 that was realised in 2010-11."""

    Absolutely. Page 6 of recent Denver Forum presentation refers. For this quarter NP will be enhanced by spot gold at +$350 over and above average price realized last year. Eventually this counts for something.
    NCM Price at posting: $37.96 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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