NEM's value. The chairman of NEM (Lassonde) posted on Friday that with gold priced at $400, he considered the price of $50 per share to be "fair" and said that, without a substantial increase in the price of gold, NEM's per share price would cycle around $50, plus or minus $2. He added that the gold market is just beginning a long bull run. "This is chapter two of a 20-chapter book." All I'm holding is 300 shares. No idea where gold will finish the year.