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Newcastle Minerals Ltd A.NCM


Primary Symbol: V.NCM



TSXV:NCM - Post by User

Bullboard Posts
Comment by LovesAUon Oct 25, 2019 11:46am
114 Views
Post# 30269677

RE:RE:RE:B. Riley cuts EPS Q3 forecast down to $0.19

RE:RE:RE:B. Riley cuts EPS Q3 forecast down to $0.19I would be shocked at this number. I don't know why we got the earnings cuts this a.m. Declining expenses, cheaper costs, rising thru put, rising POG, and they cut to .19? That makes no sense. The only way that could happen would be a lower headgrade and a full year production miss on the 390k low end. I hate analysts. They are like real estate appraisers. They find out what a home sold for then appraise it after the offer has been made for a couple grand higher.
Bullboard Posts