NCM 0.00% $23.35 newcrest mining limited

profit $1b+, page-3

  1. 24,765 Posts.
    On 2.7 million ounces of gold production every AUD$100 increase in the price of gold is an extra $270 million revenue for NCM. However, NCM is significantly increasing gold production.

    Having a look at a chart the Australian dollar gold price has clearly broken out to the upside from the consolidation pattern it was in for some time.

    It's only a matter of time imo before NCM makes serious, exciting price gains. I topped up last week during a panic down day.

 
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Currently unlisted public company.

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