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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 Risk_Assess999on Jul 29, 2017 6:45pm
260 Views
Post# 26525684

RE:The logical case for holding PVG

RE:The logical case for holding PVGI think some people have grown antsy looking for an update from the co. regarding the operations ... they won't have to wait much longer to get an update.



Goldbug52 wrote: I sense a lot of angst and nervous nellies on this Pretium forum. A word of advice, CHILL!                                                                                                                                                  Aside for the fine detailing by Risk_assess999 one can look at who owns the shares and how many shares they hold. Black Rock Asset Management owns 10.6%, Silver Standard Resources Inc. 9.4%, Van Eck Associates 8.7% and Zijin Mining 5%. OK? So what? That means that these entities hold approximately 65 million shares (about 1/3). The total number of shares outstanding are about 200 million.If these investors knew of any problems, they would be dumping shares. I've been watching the volumes traded over the last month. If anything volumes have been less than in previous periods.These large block investors are aware of things that the average retail investor doesn't have access to. You can bet they're carefully monitoring all aspects of Pretium's opperations and so far they seem to be quite happy judging from the volumes traded.


Bullboard Posts

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