NCM newcrest mining limited
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Patience needed. Dissapointed longs waiting for the share price...

  1. goldmick
    524 Posts.
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    21/07/11
    11:33
    Post #: 8706014
    Patience needed.

    Dissapointed longs waiting for the share price to get back over $40 will bail plus opportunistic shorting will act as a short term handbrake. Rest assured analysts will be significantly upgrading/re rating NCM on the back of Wafi/Golpu alone let alone Cadia East/Lihir Mopu etc.

    Again anyone with a medium to longer term time frame should be looking to accumulate at these levels and on each and every dip....
    NCM Price at posting: $41.13 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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