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Newcrest Mining Ltd NCMGF


Primary Symbol: A.NCM

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.


ASX:NCM - Post by User

Bullboard Posts
Comment by rcoonon Jan 24, 2013 8:05pm
290 Views
Post# 20887516

RE: direction now?

RE: direction now?

canadian gold juniors usually drop in the winter because of decreased levels of drilling and concomitant

lack of interest. There is often 30 ft of snow in those mountains.

Plus, many investors believe golds glory days are in the past. Money is moving into the U.S. because of the

'recovery'.

PVG will probably continue to drop even though it very much should not. It is uncomfortable to say the least.

But when things do change in the gold market and i expect any change to occur quite suddenly, be sure that you are 'in'.

Bullboard Posts