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0.00% $23.35 newcrest mining limited

what a joke..., page-10

  1. ML173
    9,597 Posts.
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    06/06/13
    18:58
    Post #: 11857596
    You can find similar story with junior gold miners like SBM. Performance bonus was a key management decision maker during the sunny day hay making days. You will find most of the debts are not hedged, and mostly in US dollars.. Talking about double KO hits for OZ gold producers..

    I guess they think gold will go up for ever and most got caught pissing on the arena with their pants down atm :)
    NCM Price at posting: $13.36 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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