NCM 0.00% $23.35 newcrest mining limited

Newcrest Mining digs in for M&A talks, page-52

  1. 78 Posts.
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    if you redo that comparison chart to show 3 year time frame or more it will show that NCM has underperformed significantly. The underperformance is no doubt due to production ounces declining - however one could argue that is temporary and is in the process of turning around. NCM has a truly massive reserve base that has not declined over that period. on a relative value basis I think NEM is getting a good deal. I also would be happy to be a NEM shareholder - well run company and great proxy for gold price. I just think NEM needs to sharpen their pencil on this one...
 
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Currently unlisted public company.

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