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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 touaregon Mar 01, 2013 1:37pm
227 Views
Post# 21063466

RE: RE: moreag4me

RE: RE: moreag4me

20/20/12.. yes I think it stinks when IR do not reply to emails.. A while back I called and left a message asking for someone to phone me back but got no response.. 
I was starting to think that my $8.08 entry was a good one but this reminds me of 2008.. every time you think "It can't possibly go any lower" that's exactely what it does!.. 

I also agree that the recent demolition of the share price suggests that there is more to it than just the dire sector sentiment.. The manipulation of markets right across the board really makes a complete mockery of the principle of fair trading.. not to mention the distortion created by the huge volume of computer generated trading.. 

Having said all that I still believe in the potential of Brucejack and though I may be wrong I still give Robert Q the benefit of the doubt.. I expect he is finding the drop in share price as difficult as we are...

Who knows but I guess it could be quite some time before things turn around but I'm here for the long haul so will just sit it out..

Any takeover bid would have to be multiples of the current share price to make any sense at all but who knows what shannigans is going on?

 

Bullboard Posts