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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 FastFFon Nov 13, 2017 1:56pm
190 Views
Post# 26952892

RE:RE:RE:RE:WTF

RE:RE:RE:RE:WTF True, but if you look at daily chart today, you can see all morning it was just measured program selling - very consistent. They cleaned the stops, then it bounced. If there was anything really bad in earnings it would have gapped down instead.

Gaps do tend to fill more than not in mining and bonds, so we are getting near support. Although final verdict isn't out, I think this will be one of the best for '18 - KL had it's run, and while higher gold will pull all along, expecially the weak, Pretium will do well in a flat/down gold market.

Bullboard Posts