NEM Killing It!Hello,
I have a brother that has been into stocks for over 30 years and he gave me a tip 3-4 weeks ago, I should have listened. Looking at this chart on the weekly, I do see a slight correction. I would be careful shorting this because overall the trend is very bullish and you can also see that the whipsaws on this chart have been sharpened. I would wait to look for a nice long entry, this is going up to a hundred bucks plus.
News from Newmont Corporation
(NYSE: NEM , TSX: NGT ) (Newmont or the Company) announced today the Company continues to ramp up operations at Peñasquito, Cerro Negro, Éléonore, and Yanacocha. Among Newmont’s 12 operating mines and two joint ventures, 13 sites will be fully operational in the coming weeks.
"We are pleased to be ramping up operations at our four sites previously placed in care and maintenance and we remain committed to protecting our workforce and neighboring communities," said Tom Palmer, President and Chief Executive Officer. "We continue to respond to this pandemic from a position of strength and Newmont’s diverse portfolio in top-tier jurisdictions provides a long-term, stable production profile with the potential to generate significant free cash flow over time."
Good Luck
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