NEM is the world's second major gold miner. its costs could be lower, and its reserves longer life. otherwise its performance hinges, as you suggest, on the price of gold. my feeling is that the POG is going to push a good deal higher. investors wanting a well managed, bluechip gold stock, will turn to the likes of NEM. the company's share price has been a big disappointment in recent years, but that might be about to change. here's hoping.
NEM Price at posting:
$5.21 Sentiment: Buy Disclosure: Held