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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 Dec 23, 2020 3:34pm
193 Views
Post# 32171533

Canada: Shorters covered 911,764 PVG shares !!

Canada: Shorters covered 911,764 PVG shares !!Last half month figures from Canada show: massive nearly 1 million PVG shares were covered (bought back) by the shorters...

Symbol Issue Name Shares Net Change Date
$PVG.TO PRETIUM RESOURCES INC. J 2,228,700 -911,764 21 Dec 2020

Shorters obviously used the big surprise help from O Brien with his very special still unexplained "Snofi deal".

O Brien had flushed down within the reported time frame shareholders next generation multi billion $ asset  -our "Snowfield deposit"  - for just ~ 100 million USD...

I guess shorters also know, that January and February are tradionally seasonal strong monthes for the Price of Gold, so they are a bit in hurry in December. Let us see.

To the remaining 2,228,700 PVG shares shorted in Canada we have to add the shorted shares in USA which are:

Short Interest (Shares Short)
7,820,000

Thus totally are now short: 2,228,700 (CA) + 7,820,000 (USA) = 10,048,700 PVG shares, which the shorters must buy to fullfill their delivery duties...
 

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