NCM 0.00% $23.35 newcrest mining limited

profits to envy

  1. 9,081 Posts.
    This could be on the cards:

    "... established gold producers are benefiting from lower oil prices which is a major component in production costs (about 25% by some estimates). So you have production costs going down and the metal's price moving higher - a perfect storm if there ever was one. Might we see gold companies as the only entities reporting meaningful profits in the marketplace? It's not as far fetched as some might think..."

    http://www.jsmineset.com/
 
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