NCM 0.00% $23.35 newcrest mining limited

Agree Dyso ... added to that it has a whopping big war chest and...

  1. 9,081 Posts.
    Agree Dyso ... added to that it has a whopping big war chest and the ability to pick up, at firesale prices, the assets of cash-strapped gold miners with good prospects but which are stymied in this credit crunch environment.

    So it will be rich pickings for this golden behmoth with its ever increasing cash flow.

    Be interesting when the joint Hidden Valley prospect with Harmony gets underway.

    Big things ahead for NCM in 2009 - 12. Massive growth potential from this low cost producer.

    I just hope there is no opportunistic t/o bid for NCM before it realises its potential.

    Just sit on them come hell or high water ... and reap the eventual winfall.
 
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