Post by
MaterialsMan on Apr 09, 2024 7:57am
Not included
NEM responds to fluctuations in the price of gold. No doubt.
In the meantime, silver and copper are going crazy. NEM has exposure to both, especially since Newcrest's contribution will start to show.
If these price increases stick, Newmont should fly once this becomes obvious.
In the meantime, this expected contribution to NEM's bottom line (IMO), is not being factored into the SP.