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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 sailor8on Aug 05, 2020 3:55pm
826 Views
Post# 31368829

PVG short squeeze: a reminder for new bees

PVG short squeeze: a reminder for new bees Just ahead of trade closing and later Q2/H1 results. Simply a repetitioin of my posting from July 27, 2020, which shows the latest public available short figures. Roughly 14 million PVG shares are short ... !
------

The shorters even increased their short position in the last half month report time. What a fun for us longs !  Watch these new figures ... 

Short Quote™
Enter Stock Symbol:  
 
Pretium Resources Incorporated $ 9.46
PVG (NYSE) 0.19
view
view
view
Short Interest (Shares Short)
10,160,000
Short Interest Ratio (Days To Cover)
5.0
Short Percent of Float
5.58 %
Short % Increase / Decrease
3 %
Short Interest (Shares Short) - Prior
9,910,000
User image

But do not get misguided.  This are only the short numbers from the US market. To get the total number of shorted PVG shares we need to add the PVG shares shorted on Canada markets:

Canada short figures:

Symbol Issue Name Shares Net Change Date
$PVG.TO PRETIUM RESOURCES INC. J 3,679,121 -130,747 21 Jul 2020


Thus totally shorted are:

US market = 10,160,000 PVG shares
CD market =  3,679,121  PVG shares
                     ----------------------------------------------------
sum short  = 13,839,121 PVG shares

I wonder to which price the last 121 PVG will be bought back, when it comes to broker forced buy backs of these nearly 14 million PVG shares. All these shares were borrowed and sold a second time on the market out of thin air. 

Shorters sit fully in their short squeeze trap. Do not sell them any of your deep undervalued PVG shares !!!  
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