NCM
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0.00% $23.35 newcrest mining limited

Gold in backwardation almost out to December so this is a panic...

  1. Rutz
    35 Posts.
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    21/07/15
    11:01
    Post #: 15666766
    Gold in backwardation almost out to December so this is a panic move and a buying opportunity IMO. Picked up two of my favourites this morning. The recovery play RRL and OGC. The AUD POG has not dropped all that much so the Aussie goldies are faring far better then their US counterparts who must be hurting with USD price approaching AISC. ABX and NEM got smashed. GL to all...
    NCM Price at posting: $11.44 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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