NCM 0.00% $23.35 newcrest mining limited

1% to 3% impact through carbon tax = storm in tea cup.As gold...

  1. 524 Posts.
    1% to 3% impact through carbon tax = storm in tea cup.

    As gold circles in on $2k an ounce by the end of the year the carbon tax issue completely irrelevant.

    If anything gold exploration/production in Oz could be curtailed somewhat as a result of the carbon tax putting further pressure on the current supply/demand shortfall. NCM should be surging on the Wafi/golpu news - this dip will be bought...
 
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