NCM 0.00% $23.35 newcrest mining limited

reversal, page-51

  1. 524 Posts.
    I too am completely confused with what is happening at the moment and have a call in with NCM investor relations for a full and frank explanation.
    Perhaps we have a lareg pair trade - ie long gold / short NCM that is taking place.
    Certainly every NCM long has the right to ask questions in relation to the current trading pattern ( which has been in place for over a fortnight now )
    In due course NCM will release stellar Q4 earnings and even better earnings Q1 next year - the falling AUD is good for NCM. So fundamentally the stock price at some stage will have to reflect the benefits of a surging gold price in both aud and usd - but when i guess is the big question???
 
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