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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 > There's other stuff as well
View:
Post by MaterialsMan on Sep 26, 2024 9:54am

There's other stuff as well

The SP seems to be moving in direct relation to the price of gold, which is understandable if the increase is primarily due to FOMO.
The volume doesn't quite yet confirm that new money is coming in yet. It should happen soon assuming the train keeps rolling.
Regardless, the prices of both silver and copper are going through the roof.
I don't think that's being baked in.
I would not want to be looking in from the outside. It should be fun for us longs if investors and institutions that want in on the action start chasing NEM stock.
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