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Bullboard - Stock Discussion Forum 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... see more

NYSE:NEM - Post Discussion

Newmont Corporation > Overselling for a small gold price of $20 per oz.
View:
Post by ecolo101 on Mar 22, 2024 1:39pm

Overselling for a small gold price of $20 per oz.

This quarter with a significant gold price increase will appear on the bottom line.
reality will be seen and stock price will come back to more normal real value. And this is above $40 in my book.

The company should buyback their shares as much as they can at this level. Understand that they can do more than a certain % per month. But timing is right now when we are on the low side.

hang to your shares and ask a higher price.

glta
dyodd
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