Sat 11 Sep 2010 4:27
Stocks in Brief | Blue Chip Resources

Newcrest Mining Limited

7 Mar 03 | Issue 122

Gold-copper producer Newcrest released an interim profit of $15.9m, down 11%. The fall was largely due to a delayed shipment – so these profits should appear in the next result. We don't like paying up for gold stocks when it's the hot commodity right now. Newcrest is down 10% since issue 112/Sep 02 (Sell/Switch to Sons of Gwalia - $6.65). While no longer suggesting a switch to Sons, our recommendation is SELL/BETTER VALUE ELSEWHERE.

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NEWCREST MINING | NCM
BLUE CHIP RESOURCES
Price at review: $5.97
Most recent price: $38.84
Change since review: +550.59%