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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

Post by geodcanon Feb 12, 2020 2:58pm
176 Views
Post# 30681292

The beat down in sp

The beat down in spmust mean that the shareholders read a different nr than I did.  Shorts are having their way and spooked the herd.  It seems that when Joe talks the sp tanks, no matter what he says.  Personally, I think gold is in for a good run when the bottom falls out of the bluechips that have had a good long run.  As the US greenback gains strength it will curtail foreign buying and then what.  Possibly devaluation.  Gold really shines when the blues get the blues.  No doubt in my mind that this stock is well manipulated by big money.  Fundamentals seem allright for Pretium as does the gold trend so the big downtick is surprising other than the fact that it has happened more than once.  glta and dyodd
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