Minus 5% today only wow Do you want to add? Gold producer but also copper zinc lead and silver.
all commodities are in the drum...Recession to come. Less free cash flow available. companies need to cut back on capex. Spend just what is necessary.
share value is a big bargain right now but if we see gold dropping by 20% which would be only $1600 per oz. Then NEM to plummet.
at this point it is getting no fun for bag holders.
now some changes in their leadership team, WOW , we will have to wait a year or so to see something. The man or woman of 90 days does not exist.
it is a big boat and this year budget is already done, can they execute? This is the question.
glta