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Newcrest Mining Ltd T.NCM


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

Comment by Shadow10on Jul 22, 2021 6:47pm
134 Views
Post# 33592375

RE:RE:RE:RE:Anybody else notice this?

RE:RE:RE:RE:Anybody else notice this?I would have to say i also agree with  Sclarda also, i think most of our problems are short related. There are about 10 to 12 million shorts between Canada and the U.S. and there are big brokers or multiple brokers  with many shares that are trying to drive the price down. I don't have a problem with people who want to short a company, thats fair. What isn't fair is when these multiple brokes try and munipulate the price even on companies that are making mony every Quarter.
I don't think there is any thing that O'Brian or Perron can do about that , what they can do is what they are doing by selling Snowfield and drilling more holes and finding big gold and that is what is happening.
I think it took Kirkland Lake Gold a couple of years to straighten out the mess they had and look at them now.
We couldn't get there from where we were with Snow Flake Joseph Ovsenek.
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