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.

ASX:NCM - Post by User

Newcrest Mining Ltd

Bullboard Posts

Post by dove18on Apr 17, 2018 9:44am

129 Views

Post# 27896489

What if??? Some thoughts.

Reserves are calculatedthrough thousands and thousands of meters of drilling. If grades are low now maybe that should mean that we will get grades of more than average in months or years to come i.e. more than 15 g/T.
About management.
Don`t rely too much on Hi Tech graphs. Doown to earth knowledge and intelligent experience will give better resiults.
Another thought
Maybe management wants to show lower than normal; numbers at the beginning in order to get parabolic numbers in quarters to come i.e. 75000,75000,120000,150000,175000 oz. ... and SP should follow.

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