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.

ASX:NCM - Post by User

Newcrest Mining Ltd

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Comment by Wuggyon Jan 20, 2013 3:04am

340 Views

Post# 20862606

RE: RE: RE: Selloff

Thanks guys for the good thoughts. I just find the recent trading action puzzling. Fundamentals for PVG should put it ahead of most all other near-producers of comparable size. Morningstar estimates intrinsic value for PVG at $18.81, SEA at $19.53. 1 year range guesstimates are $17-$32 and $24-$86 respectively. The two companies should move in tandem, but they don't at all. PVG drill results suggest that it shoudl become a market darling going forward, but instead, on my stocklist of about 30 companies, it's the dog by a wide margin.

Why?! What is missing from this picture that the market seems to know?

Rgds

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