RE:RE:Bought in Pre Market below 13.70 USD...Newcrest is an enviromental dirty gold miner: Low grades -> high climate change footprint.
In some years they may get in troubles because of it. High CO2 fees to pay will come for sure. May be even forced closure of low grade mines with "dirty" mining.
Pretium is the best vehicle which Newcrest can buy to greenwash their dirty climate change balance, if it is counted for their whole company. Pretium is one of or even the lowest "climate change damage" gold miner on planet earth. Super clean hydroelectric power from around the corner and ultra high grade resources kiss each other in our place. Until now it is only known in our corner of planet earth, that nature has put clean hydroelectric power and ultra high grade gold resources together within such a very small distance.
Bob Quartermain & Joe had realized it in the very beginning and build this great electric powerline from the hydroelectric generators to our mine site. In that time "Climate Change Emission Gas" from gold miners was only discussed among the small group of the very smartest ones... now it becomes more and more discussed and gets even into discussions of the public...
I see Newcrest's economic longer term future not so so very rosy.