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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 Tuscksteron Dec 13, 2020 3:21pm
267 Views
Post# 32096163

You Made Your Point - Now Move On!!

You Made Your Point - Now Move On!!Sclarda has it right!  I've been a shareholder of PVG since January 2011.  I have stuck with the company through the highs and lows for a decade.  I do not have an additional decade to devote to ownership of a highly contestable Snowfield project.  The simple questions are: What will the cost be to develop the Snowfield project, not just in raw capital but in terms of the costs to bring a world-class builder/operator partner into the project?  What will the timelines for this project be?  Does anyone who peruses this board reference the Pebble project in Alaska that was recently shelved?  The risk of the environmental go versus no-go decsions is too much to ask for Snowfiled.  Monetizing the Snowfiled asset was a prudent move for a number of reasons as pointed out by others here.

I am personally tired of the constant drone of Sailor, HighPer and others on the possibility of a Snowfiled project.  You made your point - inumerable times.  Move On.  Your constant prattering on this topic has reached the boring stage on this board and is a turn-off to those of us who drop into this board to be updated on corporate developments at PVG.

Good Luck To All
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