Post by
nmpappy78 on Oct 30, 2020 1:39pm
NEM SHAREHOLDERS MEETING YESTERDAY..
I participated in the phone meeting of NEM's CEO yesterday. Naturally, it was an impressive meeting which shared the $3.2 third quarter resuts of NEM --- the largest in their history. A key statement made by Tom Palmer was that they have "new targets" for future mining and "will announce a purchase next month"!! I like our chances!!
Comment by
Pinegrove on Oct 30, 2020 2:07pm
Wouldn't that be nice! Can't see it without our drill results but the offer could be flexible enough to deal with that. If I were a major I'd be on this quick and avoid the competition and subsequent price increase.
Comment by
Sooner on Oct 30, 2020 3:53pm
Sure would be nice to see more increase in share price prior to buyout and negotiations.... If it is WRN and within next month...it’s obviously not going to be anywhere near the target share price that’s been thrown around here.
Comment by
Pinegrove1 on Oct 30, 2020 6:07pm
I think we need to give management some credit here. They aren't going to give this thing away. Dale, Paul & HNW individuals have been holding for 14 years. They know they are in the zone from a price of copper/gold perspective with Majors shopping.
Comment by
GardenManman on Oct 30, 2020 9:37pm
I checked transcript, can't find the Palmer was that they have "new targets" for future mining and "will announce a purchase next month. Could please show me? Thanks in advance. https://seekingalpha.com/article/4382874-newmont-corporations-nem-ceo-tom-palmer-on-q3-2020-results-earnings-call-transcript