Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 and prospects is anchored in mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Its African operation is Ahafo. Its Australian operations include Boddington, Cadia, and Tanami. Its Latin America and Caribbean (LATAC) operations... see more

NYSE:NEM - Post Discussion

View:
Post by MaterialsMan on Apr 15, 2024 11:45am

Copper

Several of the miners that produce copper are close to new highs.
The price of copper is on a tear, and that fact is being reflected in those companies stock prices.
E.G.: FCX, BHP, and SCCO
NEM is putting a major focus on copper and it's one of reasons it wanted Newcrest.
There is no way that Newmont's copper production is being factored into the price.
I suspect the numbers reflecting the volume of copper being mined will raise some eyebrows when the upcoming report comes out in just a little over a week from now.
Comment by ecolo101 on Apr 15, 2024 1:52pm
This is one of the reason why I am holding because last Friday has been very close for me to walk away ahead of neutral point. I decided to hold.... let's hope that I am seeing this the right way. i have been wrong before.  with current volatility to increase on world tensions gold should do ok for now. time will tell glta