Morning, Newcrest shares down following the market trend yesterday, sell off to buy into Greataland gold imo. This share will rocket in the coming year, balls of steel required.
One thing to consider when making a judgement on any price the effect of covid 19, due diligence of any kind can be ruled out because of travel restrictions, which leaves Newcrest in the driving seat, and Greatland gold in the best seat time is on their side.
If this is a tier 1 then the brokers note miles off.
Greatland Gold has already made one tier-one discovery within the Paterson region at Havieron, but exploration activity in the area is ramping up says the broker.
I thought the message came across well, the cornerstone of the business with Newcrest, tolling, and scallywag 5 kilometres up the road it's a processing route.