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 > Nope, not a good time to short......

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Comment by Smittleon Jun 03, 2020 1:27pm

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Post# 31107532

RE: Nope, not a good time to short......

Most of the PVG shorts will soon fade off into the sunset. Most of them will not be back for a long time as they will be in debt for a very long time. They should've listened.

Whynottoday2 wrote:
.....precious metals!

"First Majestic announced that it temporarily postponed the sale of 292,000 ounces of silver and 700 ounces of gold worth $5.3 million at the end of the first quarter

Smart move.

Companies are beginning to understand that paper contract leverage is beginning to crack..."