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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
Comment by naggedon May 12, 2012 9:59am
183 Views
Post# 19902259

RE: "Ok"

RE: "Ok"

 notice i said if it happens, as my own personal opinion i think that the market landscape will change immeasureably in the next 18 monthes when china finally slices the us dollars throat and puts it in its rightful place. at that point i doubt the canadian govt wll allow anyone to buy or sell any mining entities unless production is offered to the royal mint only, ruling out soverign funds. some very interesting times lie just ahead and as the new china futures pm markets get moving the corrupt us banks will topple one by one letting pms assume their rightful valuations unless we turn into bonafied police states first which is a possibility.  at that point motherlodes like pvg will be multiples of what it is now, as the days of 60$ an ounce deposits will be ancient history.  a lot can happen of course and pms can sink a long ways but i dont think it will last for long. with all the corruption in the markets its a fools errand to try and predict when  they will fail ,win etc so until then we wait patiently, jmho . 

Bullboard Posts