NCM 0.00% $23.35 newcrest mining limited

hi waterfrontageSorry I dont have that info you were after.. but...

  1. 865 Posts.
    hi waterfrontage

    Sorry I dont have that info you were after.. but I read so much on my stocks I tend to build the story in my head..my first NCM's were sub $4 and then I got into the Normandy T/O story.. where I learn't of the smart operator Tony Palmer who after the T/O took over as CEO of Newcrest and took the Telfer story to where it is today...his words on the ABC about 18months or so ago went something like"...the Telfer Ore body is difficult but we've worked it out..you've not seen nothing yet..." The thing that struck me was that he was so bullish and confident.. he was most of the brains behind Normandy..The NCM share pice was around $5 or so then, but two main things have catapulted it northwards..Telfer and the cash out of Cadia Ridgeway been better than expected so avoiding the need for a capital raising.. if all goes to plan this one will hit $20 ..in fact without a takeover Newcrest's shareprice will do better over the medium term...good luck
 
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