Cars Blog's

Calls NEM 45 Jan o8 is Up another 80% today.

This is called leverage to the Gold Price:

"8:35AM Newmont Mining beats by $0.47, beats on revs (NEM) 46.44 : Reports Q3 (Sep) earnings from continuing operations of $0.72 per share, $0.47 better than the Reuters Estimates consensus of $0.25; revenues rose 49.4% year/year to $1.65 bln vs the $1.41 bln consensus. Co is narrowing outlook for equity gold sales to between 5.2 and 5.4 million ounces at costs applicable to sales of between $400 and $430 per ounce for 2007. "

"APNewmont Mining 3Q Earnings Double"


http://biz.yahoo.com/ap/071031/earns_newmont_mining_corp.html?.v=3