Newmont close to the worlds biggest Gold prouducer is at great price after announcing its hedgebook closing thursday night. The announcement was made after the close on Thursday US time which meant it was easy pickings on the australian market yesterday. And what happened in the US Friday?....up 5% and more to come. There are easy killings to be made for those who can read announcements and understand the time difference between Australian and US markets.
NEM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
