NCM 0.41% $24.74 newcrest mining limited

NCM to rich for me

  1. 71 Posts.
    The last time NCM was above $8 was in June 1988 when gold was at $450US an ounce!!!. Fast forward to June 2002, NCM is $8, and last time I checked gold was only $320US an ounce.

    It's going up because it's a takeover target, but what people forget is that the higher it goes the less likely a takeover becomes.

    Get a grip guys, time to short this one.

    Check it out and decide for yourself.
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