NCM 0.00% $23.35 newcrest mining limited

Cheers for that, K.As for me, being the cautious fellow I am,...

  1. 1,004 Posts.
    Cheers for that, K.

    As for me, being the cautious fellow I am, I'm still reading NCM as moving within the established channel - hence my buys sitting at $18ish and under.

    Justified layoffs may in fact, though, be read as good business at the moment. Hope your job is safe though!

    NCM remains a preferred play when the overall outlook firms up, and when we see a break in the channel. I too am bullish on this one mid term. As I keep harping on about, though, I don't think taking large positions prior to the g20 fallout is prudent. If I'm wrong, though, I won't be sad. Lord knows I hold enough gold stock all over the shop. NCM just isn't buy and hold for me just yet.
 
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