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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 EasyMoney1976on Dec 22, 2017 6:45pm
271 Views
Post# 27219910

RE:RE:RE:Back on the short side here

RE:RE:RE:Back on the short side hereI like your style proud italian....... I am a mid-term/long-term investor...... a lot of my friends are what I would consider to be active traders [ which is a huge difference is far as investment profiles].... You can have a great company like PVG but if the price of gold is breaking through resistance the price of PVG will go down. The fact that you are astute enough to profit off that and still realize the potential of PVG is investment intellect. By the way I do understand the investment communities hesitation to reconciling the head grade w the dfs. I personally would like to see two days close above 1290...... if that happens for the price of gold then the shorting scenario is out...... if the price of gold cannot hold the 1290 barrier..... then short plays would be possible. By the way I do believe we will break the 1290 barrier.......But that is to be seen my friend...... and then we have a humongous hurtle at 1302. Bottom line is you can have a kick-asssss company but if the price of Gold's not going in your favor then you're not going to make very many positives gains on the common shares. Thank you for your contribution to this board....others might not appreciate it but I do.
Bullboard Posts