NCM 0.00% $23.35 newcrest mining limited

where would you rather be, page-8

  1. 374 Posts.
    lightbulb Created with Sketch. 7
    You really have to have the attitude..the more gold falls the better it is for NCM. To a point. It is such a low cost low debt producer that will outlast most of its competitors. So unless gold becomes obsolete (highly unlikely) then it will eventually benefit from shrinking supply. I personally think demand will outstrip supply so that many more miners will be profitable. In fact the $US reminds me of the coyote when it chases the roadrunner off the cliff...legs spinning...nothing underneath..Kaboom!!!! Go gold. What else is being missed (by many) is the $A gold price..at $1000-1100 an ounce NCM is doing very nicely as other companies report profit downgrades etc
 
watchlist Created with Sketch. Add NCM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.