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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 PrudentInvestoron Jan 23, 2018 3:41pm
362 Views
Post# 27418755

FAST TO GO DOWN - SLOW TO GO UP

FAST TO GO DOWN - SLOW TO GO UP6 months in production - still a young story, early days. Costs are too high, recoveries too low. These are operational items that the new COO must tackle. If gold price stays where it is or goes up PVG will make good money. Today was an over-reaction or maybe some people not familiar with the story. Share price will recover because at this price (below$10) this is a big time speculative BUY.
Bullboard Posts