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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
Post by goldguy007on Dec 12, 2014 12:56pm
421 Views
Post# 23224504

Stop The Whining!

Stop The Whining!

In case you guys (and gals) haven't noticed, PVG shares have shrugged off this supposedly big dilution.

Some of you, who second guess management, have no idea of how to develop a mine.

If they need funds for capex, they should obtain them.

A miner's management team should develop mines and not speculate on the price of gold or silver.

That should be left to speculators such as you and I.

If you don't want to speculate on the POG, get out of mining shares and do something different!

PVG is advancing toward production and has assets that may be valued much higher in one or two years.

This is not guaranteed and that is why we are called speculators.

goldguy

 

 


Bullboard Posts