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 > Down hammered prices today = good chance to add cheap

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Comment by Smittleon Aug 11, 2020 9:49pm

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Post# 31395864

RE:RE:Down hammered prices today = good chance to add cheap

The criminals can't keep playing their "fake orders" spoofing game much longer.

Paray99 wrote:
But scammers out there to pull it down all the time. In my last 6 years, this is one of the worst I have seen in this category, even with profitable production.

sailor8 wrote: Price of gold at wrtiting time = ~ 1,945 USD/oz
Price for gold sold during Q2= 1,738 USD/oz

Earning result for Q2 was @ a price of 1,738 USD /oz:

Q2 adj earnings per share = 0.26 USD !

times 4 -> anual earnings expected next 12 months = 1.04 USD/ share -> PE ratio one year forward at present PVG shareprice ~ 10.

Far to cheap for a solid earning goldminer like PVG with huge further resources.
Snowfield alone bears additional 25.9 million ounces Gold measured & indicated resources ! Snowfield is good to add ~ further 75 years at present earning rates to Pretium shareholders...

A down hammered shareprice is certainly a good chance to add more shares of PVG at discount prices !