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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Comment by Risk_Assess999on Aug 03, 2017 10:36am

260 Views

Post# 26542641

RE:Shorts have to worry about 1 thing we do not

MrBigger wrote: a takeover by a major.

Another potentially more imminent risk the shorts have to contend with is; an accelerating Gold price..... and while the Gold price has underperformed the recent corresponding slide in the US Dollar ..... what will trigger an accelerating Gold price imo is a stock market sell off .... and while US stocks have proven rezilent as of late, we may be at the top as evidenced by the DOW Transports, and with the upcoming trade war with China (expected to be announced this Friday) has the potential to open up numerous economic risks that could quickly sour sentiment on US stocks.

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