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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 joe_trouton May 15, 2012 4:14am
181 Views
Post# 19908995

RE: Be my guest and buy

RE: Be my guest and buy

That's good if they are selling to me. The "funds" are big and stupid and when stupid shareholders want out, they have to sell. You want to be a buyer at a good price and PVG looks pretty good. That said, I am actually more concerned about their high grade project. Their drill results are out of this world. If it holds true, this stock will go to $50 easy, otherwise, there's better stocks out there for the money. So I would think PVG is a good risk here. It could potentially make patient shareholders very rich. I say potentially because management sometimes drops the ball or sells out too quick, or the project turns out to be not as good as once thought.. Management looks solid though.

Bullboard Posts