Bullboard - Stock Discussion Forum Newmont Corporation NEM

Alternate Symbol(s): T.NGT

Metals & Mining Gold

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... see more

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Newmont Corporation > Back to 2019 SP value ouch it hurts

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Post by ecolo101 on Jan 29, 2024 11:56am

Back to 2019 SP value ouch it hurts

Why keeping buying this with current downwards trend? Not sure if there is still somebody leading it? Following the global market movement is one thing but lagging most of the time the rest of the sector for the largest is difficult to understand.
got in $10 to high on SP, now I will need extra patience...
good luck all bag holders the road will be chaotic

Glta

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Comment by 5oceans on Feb 01, 2024 11:35am

Are you new to this game? Hang in, as you said patience or, frustrate, sell and move on. If one gets in at the wrong time it could be a very long and painful wait. This shall pass. Just me.

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Comment by ecolo101 on Feb 08, 2024 9:26am

Not new to this game but when I see a drop from 42 to 33 in just a few weeks it is difficult to accept based on the size of the company and its asset. It is commodity and with that we need to accept a higher volatility but whatever is going on nobody comments on anything. $9 drop is equal to 21% loss on paper for someone byuing at entry point of 42...... so analysts seeing it going to the ...more

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