dividends about the same, but ABX has fallen much farther.
Is NEW really that much of a better miner?
It's all about ABX debt; all other comparisons ABX wins but the current debt is waying heavy on the stock. Any good PRs regarding asset sales, will provide ABX a good shot in the arm.
ABX debt is very manageable as it has been spread out over many years. The present stock price discounts all of the negative news in my opinion.
NEM is mostly copper, ABX is mostly gold
I like ABX better. ABX sold off a lot more than other gold miners, some of it is due to the uncertainty over Pascua Lama.
well furball, now there isn't much uncertainty over PL. let's hope abx starts to recover and sells some assets to pay down debt. once they sell africa, australia and the energy and slow PL, we're over 30 in a month.