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

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Comment by eldrecoon Mar 23, 2011 3:31pm

382 Views

Post# 18329806

RE: RE: RE: News: Secondary Offering

Hi Pattern,

Tried to post earlier - but seem to have problem with SH today. I find it really odd that PVG would allow such an ambigous NR. There is no mention of shares being offered or at what price. It was bound to create an uncertainty - and you can see the result. Maybe that was the intent - but it certainly seems peculiar to allow such a release when it seemingly does not benefit the company.
el d

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