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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

Comment by halfaslapon Feb 13, 2020 12:05pm
176 Views
Post# 30686379

RE:RE:RE:RE:Q 4 earnings per share: Barrick vs. Pretium

RE:RE:RE:RE:Q 4 earnings per share: Barrick vs. Pretiumits a psyop sector, controlled by people who hate seeing people succeed at mining and then also the price of the product itself. gotta be tough and just expect the worse and know that going in. Fred Hickey someone who is very respected was negative on the head grade problems/management, and the way mangament reported stuff...arguable i guess... I don't know enough/or know enough to know i just know unfortunately due to the nature of capitall inflows and abulance chasers in the sector , these guys managed to produce and  i'm bullish on the price of the underlying commodites, and as noted above .55, and  margin of error with underlying product price right now. One thing about this sector all news is bad all the time. beat on everything miss on head grade. beat on everything, but underlying product gets price smashed, same day,  build a producing mine, but armchair experts say its the wrong mine. I get maybe the overpromising on headgrade  but everyone is forgetting these guys put this mine together in absoutley toughest time to develop this mine, because of the haters of the sector, that also need the underlying product. 
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