Link: www.fool.com.au/2016/10/12/could-newcrest-mining-limited-shares-crash-back-to-13/#
[If the link does not work, please put the title into a search engine, like Google]
Extract:
"Looking ahead- Newcrest planned acquisition of a stake in Solgold has the potential to positively catalyse its p r o f i t a b i l i t y. Newcrest free cash flow of US$814 million in financial year 2016 also provides the opportunity for the M & A activity as well as exploration and asset development over the medium term."
Note:
What market intel one draws from "has the potential to positively catalyse its profitability" is left to the reader to conclude.
Again, this provides an insight from e x t e r n a l sources of Newcrest and Solgold as per title header in the said article: "Looking ahead." Many will be perhaps aware that majors do not necessarily want to commit to giving foward guidance into a stake? So one looks at external publications that often would write up on the public news stories.
Whilst this is about 1 month old +, it is insightful. I was not free to delve further until now with off-time.
I noticed that after I press post, some words have not appeared in the correct spelling as typed?
Sol1 HotCopper 27 Nov 2016
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