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.

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Newcrest Mining Ltd > Smittle, please go back to work

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Post by miningmanon Feb 18, 2020 11:16am

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Post# 30702977

Smittle, please go back to work

We need to start working overtime at your burger flipping joint. We need you to do this because your purchases are failing to adequately support the SP price despite POG being $1600. We need a healthjy SP before about the third week of March so we can short PVG and / or buy more put options.

I will evaluate this strategy at mid March. Right now iif POG goes to 1650 or 1800, Puts would not be a good idea. So yeah keep buying for us and drive the price back up. Keep up the good work.

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