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 sailor8on Jun 03, 2020 7:23pm

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Post# 31109143

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

Relative to other gold shares PVG had a good day. Guess some of the more smarter shorters try to use this time to cover. If you like to buy PVG on dips: tomorrow may be a good day for it.

I guess that I will add carefully some more undervalued PVG shares tomorrow, if we have another weaker day for gold shares.

Tomorrow will be another ECB day. Another day when Centtral banks try to bash down a bit the price of gold. Another day when the ECB probably will anounce more money printing. They are out on munition and can only print more money (print fiat or better said fake "money" without any underlyig value).

Here a screen shot from a part of my Yahoo Finance gold shares panel

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