NCM newcrest mining limited

ncm pricing in $1000 gold

  1. 524 Posts.
    As are many other quality miners.

    If you believe the gold price is heading to $2000 later this year then NCM and friends are the buys of the century.

    All the talk re nationalism/protection/mining taxes/roaylties etc works both ways - all of these issues will act as a handbrake on investment ergo production will plateau/ fall - lower supply will be a big factor leading to higher spot prices going forward.

    In fact NCM ( and many others ) at these levels has to be a prime takeover target.....

 
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