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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
Post by andrewdogon Apr 03, 2013 7:35pm
419 Views
Post# 21207616

Whatever..Sell me your shares.

Whatever..Sell me your shares.

  The costs for the big 2 are under 500/ounce.  All the hype with 'all in costs' are full of shiek.  Period and most definitely.  These share hopefully go lower, and i;ll own more along the way.  The reason:  Big boys want resources on the cheap and some expensive past acquisitions in jurisdictions which are unfavourable because of nationalizing of resources.  Which may not be a bad thing i should add.

 

At least 17.5 grams/ton.   I used to mine gold leaves out of the Campbell camp.  I ounce stuff.  The richest mine and the cost were 63/ton 20 years ago.  Gold sold as low as 300 dollars and not much has changed except the efficiencies of mining practices and development. 

 

This is cherry picking and the price drive downwards is only scare tactics to swindle your shares on the run.

 

HOWever,  will the neccessary permits come?!!?

Bullboard Posts