NCM newcrest mining limited
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wow,,,well USd strongerGOLd approaching new highs with...

  1. sydneyguy
    13,192 Posts.
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    12/07/11
    12:21
    Post #: 8663170
    wow,,,well USd stronger
    GOLd approaching new highs with increasing worry in the sustem
    AUd Gold, well in, since the 1/7/2011 has exploded back up over 1400 aud and is approaching 1470!
    Oil / Cost of goods for ncm getting crushed

    talk about margin explosion

    Assuming production this qtr is moving in the right direction, ncm must be rolling in cash.....

    SP should start moving after its usual lagg, NTT39.75
    NCM Price at posting: $38.84 Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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