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Bullboard - Stock Discussion Forum Newmont Corporation NEM

Alternate Symbol(s):  T.NGT

Newmont Corporation is a gold company and a producer of copper, zinc, lead, and silver. The Company’s portfolio of assets and prospects is anchored in mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Its African operations include Ahafo and Akyem. Its Australian operations include Boddington, Cadia, Tanami and Telfer. Its Latin America... see more

NYSE:NEM - Post Discussion

Newmont Corporation > Gold in retreating mode
View:
Post by ecolo101 on May 04, 2024 10:43am

Gold in retreating mode

We could see $2100 by June, with more volatility coming to the market at this time of the year.
glta
Comment by MaterialsMan on May 10, 2024 7:22am
We could also see 2500 by June. There are lots of variables out there. Uncertainty breeds volatility. Heck, we might even see that number before day's end. Of course that would be unprecedented, but geopolitics seems to be entering the equation. Fear and fomo may begin to affect the market. Between yesterdays 3%, and 2% on todays pre market, we are looking at a pretty good move. NEM could ...more  
Comment by ecolo101 on May 10, 2024 4:19pm
Yep you are right but this is still short of the $2413 high. also don't forget trees don't grow to the sky.  for me at this point I rather prefer to be careful and watch from the sideline.... glt bagholders  dyodd
Comment by ecolo101 on May 20, 2024 1:46pm
Not shy to admit that I was in the left field on this one. Gold up today and pushing for higher number. sorry my Cristal ball was completely off.... ha ha ha. i am happy for those bagholders  glta  dyodd
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