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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 Jan 27, 2018 2:06pm
164 Views
Post# 27447345

RE:RE:RE:RE:5 stopes

RE:RE:RE:RE:5 stopes
What do you expect? These are people who dig holes in the ground for a living. How many hotshot Harvard MBA's wiliingly go into mining? How about none. Industry never developed talent base during 80's & 90's - only idiots and shysters got in. The few smart people, like Rob McEwen and Friedland make fortunes.

But then gold, unlike Blackerry and a million others, isn't going away. And gold is going to go much higher over next decade, so you have to put up with the nonsense

Having been to Brucejack and met with Quartermain privately many times, I can say he is a class act, which is why I'm displeased at how poorly they have communicated here. He knew very well how important it was to do it right. They messed up. Even though the fat lady hasn't sung, this miss will linger in minds for years.

With that said, they have brought a mine online & deserve credit. This is not going to be a total disaster like NewGold had, or Rubicon. Or Midway. Or_______.

The recent insider buying means nothing if they don't get this to meet the model.
Bullboard Posts