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Newmont Corporation NEM

Alternate Symbol(s):  T.NGT

Newmont Corporation is a gold company and producer of copper, zinc, lead, and silver. Its portfolio of assets, prospects is anchored in mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Its African operations is Ahafo. Its Australian operations include Boddington, Cadia, Tanami and Telfer. Its Latin America and Caribbean (LATAC) operations include Cerro Negro, Merian, Penasquito, Pueblo Viejo JV and Yanacocha. Its North American projects include Brucejack, Cripple Creek & Victor, Eleonore, Musselwhite, Nevada Gold Mines JV, Porcupine and Red Chris. Its Papua New Guinea projects include Lihir. Its Ahafo mine is in the Ahafo region, approximately 290 kilometers (km) northwest of Accra, the national capital city. The Boddington mine operates within the Saddleback greenstone belt in Western Australia. Boddington is located 16 km from the rural farming town of Boddington and 130 km from Western Australia’s capital city, Perth.


NYSE:NEM - Post by User

Post by Goldenpouon Nov 26, 2024 11:52am
49 Views
Post# 36331341

Gold stock pattern reviewed

Gold stock pattern reviewed

Gold pattern is revealed

When gold was $200 lower , for example between  July 25 and August 8 of this year , wait for it : Newmont  was $5 higher

It just so happens that gold at the present price is pure high profit , the creme de la creme money.

Lest that sink in. 

Everyone says gold is the best thing going, this quarter with low oil prices and high prices on average like never before by far,  hundreds of analysts recommending a portion in each portfolio like never before

AND regardless , the manipulators are continuing their gold producer bashing and they are loading up. 

The companies are so dumb they should say they will attack this onslaught. they should be more vocal on their buybacks , they should chack with the SEC because this looks like the Hunt brothers silver manipulation but this time its not the precious metal itself like gold  but the gold procucers . Its happening.

and it has been like this in the past year,  gold goes up $100 and miners hardly move after the zigzagging.Its constant manipulation.Now the zigzagging  bashes the miners when gold keeps going up
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