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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 5:27am
134 Views
Post# 19909008

RE: RE: RE: Be my guest and buy

RE: RE: RE: Be my guest and buy

Some of us don't look at the here and now when investing. Sure, nobody wants to buy a project with 50M ounces of gold in it with high capex. I think that will change some time not far down the road...everybody will be diving into these things to save themselves. So it's good to buy now while probably less than 1% of the investing class has no exposure to gold/silver/miners.

It's a mathematical certanty that America is financially finished. There's no way around the debt, deficite spending, and the outsourcing of good jobs to China/India. Most people are stricken with normalcy bias so they can't see the obvious. This is all you need to know about why PVG is a good investment:

https://www.usdebtclock.org/

Bullboard Posts