Newmont Mining(NEM) & Newmont Gold(NGC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Newmont Mining(NEM) & Newmont Gold(NGC)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tommaso who wrote (465)	4/1/2002 5:59:01 PM
From: Traveling Man	of 587

Tommaso, I'm basically in the same boat as you are. Adrian Day pointed out recently that based on cash flow figures,NEM is worth US $50 a share when POG is at US$350 based on long standing accepted multiples of cash flow in the gold investment community. He is probably right,as NEM hit US $60 back in 93-94 era when AU ran between US $350-$400. Tommaso,keep in mind the real nice addition FN operations are to NEM. They are EXTREMELY high in profit margin,basically FN was a royalty play with almost 0 liabilities,no costs to speak of. TM

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next