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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

Bullboard Posts
Post by Electrum.jkon Mar 21, 2012 10:55am
464 Views
Post# 19699645

The Fall of PVG >

The Fall of PVG >

Its sad to see PVG taking a Huge Hit  at a time when GOLD and Senior Gold Stocks remain positive, holding their own. Oh well looks like PVG is it an unstoppable down draft. WHY ?

My guess is that  yesterdays filing of the Final Shelf Prospectus has in fact given big investment funds/ institutions the incentive to drive/hammer theSP down. And they are doing this in order to set the Offering Price at a low low price.

Looks to me the big market players/makers are winning . The SP keeps going down.. Will it Stop ?

 PS.. Does PVG need to raise $150 to 200 m  now ?

Bullboard Posts