Nightmarez3k
2023-04-06

$NEWCREST MINING LIMITED(NCM.AU)$  

Haven't posted for a while but gold has been a very good investment in last 6 months.


Newcrest is one of the safer bets in the industry long life mines, low costs and safe jurisdictions.


Current tailwinds have been the gold price and takeover by $Newmont Mining(NEM)$  . The previous takeover bid was picked around $28 aud per share. But appears to be below current share price.

POG probably expected rise further with dedollarisation theme. China and Russia does not feel safe with USDs and probably many more countries including India currently neutral.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Comment（22）

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  • AugustineMac-
    ·2023-04-06
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    NEM is grossly undervalued. It will trade higher and soon,how much NEM do you think is too much to hold?
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    • Nightmarez3k: 
      Buy some NCM you get exposure to NEM when it gets taken over at a premium.
      2023-04-06
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  • PaulaBaldwin
    ·2023-04-06
    TOP
    It won't take long before more institutional money finds its way into this bellwether gold producer.
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    • Nightmarez3k: 
      Hoping for POG to carry it and takeover.
      2023-04-06
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  • HardyJenny
    ·2023-04-06
    TOP
    Gold is on its way to 2100 after breaking out of its pennant. Will NEM awaken from its slumber?
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    • Nightmarez3k: 
      I hope it raises all gold stocks.
      2023-04-06
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  • Ericdao
    ·2023-04-06
    Gold is indeed bullish
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  • delusion梦碎
    ·2023-04-06
    The company itself is a train wreck, but because gold is rising people think NEM will finally do well 😂
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  • ramius75
    ·2023-04-09
    👌
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  • RickSanchez
    ·2023-04-08
    bullish?
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  • JCWOO
    ·2023-04-07
    Ok
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  • Longmao
    ·2023-04-07
    Nice
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  • CYau
    ·2023-04-07
    Like
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  • CYberviRus
    ·2023-04-07
    Thank you
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  • chongkai14
    ·2023-04-07
    Hi
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  • WendyK
    ·2023-04-07
    Okie
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  • Raincloudxii
    ·2023-04-06
    Km
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  • ApacheFire
    ·2023-04-06
    Yes
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  • pete13
    ·2023-04-06
    Thanks
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  • kiore
    ·2023-04-06
    谢谢大家
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  • CPkawaii
    ·2023-04-06
    r
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  • Cchan
    ·2023-04-06
    f
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