Newcrest Mining Ltd NCMGF

Primary Symbol: A.NCM

Metals & Mining Gold

Newcrest Mining Limited is an Australia-based mining company. The Company's principal activities are exploration, mine development, mine operations and the sale of gold and gold/copper concentrate. The Company owns and operates a portfolio of brownfields and greenfields exploration projects. The Company’s assets include Brucejack, Cadia, Havieron, Lihir, Red Chris, Telfer and Wafi-Golpu. The Brucejack asset is located approximately 950 kilometers (km) from Vancouver, Canada. The Cadia asset is located approximately 25 km from Orange, New South Wales (NSW). The Havieron asset is located approximately 45 km east of Telfer. The Lihir asset is located on the Niolam Island, approximately 900 km from Port Moresby, Papua New Guinea (PNG). The Red Chris asset is located approximately 1,700 km from Vancouver, Canada. The Telfer asset is located approximately 400 km from Port Hedland, WA. The Wafi-Golpu asset is located approximately 65 km from the city of Lae, PNG.

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Newcrest Mining Ltd

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Post by taylor1988on Jun 08, 2012 2:30pm

416 Views

Post# 19994195

Yes...

I have lots of explaining to do!

I sold my PVG @ the top when my thesis on junior gold stocks changed... i.e. when I'm short it right now.

Since when did you have to marry every stock you bought and since when were you not allowed to change your thesis when things change? I have voiced my opinion on gold stocks and PVG's valuation is due to the speceulation coming out of the junior mining sector.

I never once put down PVG's resource, I believe they have one of the highest grade in the world, I just said majors wotn pay what they used to so cut that only $25 target in half in a speculative market and the new target is $12

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First Nations contributions attract investor interest