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 > Inflation: biggest annual number since 39 years !

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Comment by Smittleon Dec 10, 2021 11:17am

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Post# 34218674

RE:Inflation: biggest annual number since 39 years !

Investment Canada must approve the deal before it goes through and they have a 90 day window which started on the day of the offer. Investment Canada has until mid-February to either approve or reject the buyout offer.

sailor8 wrote: Something new for nearly 2 generations. But everyone feels it now in daily life and needs. And at much harder figures than the official inflation figures say it...

The governments want to pay back the mountains of good money they had borrowed with bad (inflated & devaluated) money. Money with much buying power is repaid with "printed" money with much less buying power.

For more than 2000 years this kind of trick happened again and again. Physical gold was the best medium to preserve savings in all that times.

Anyone out there, who wants to sell his huge Pretium gold he owns to Newcrest for an undervalued paper $ price ?

Vote NO when the voting material arrives for this scam "Aquisition". They simply want to steal you your physical existing gold, you own with each PVG share !