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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 rallardon Oct 23, 2013 11:42am
329 Views
Post# 21841090

The panic continues

The panic continues
Lets see the difference between Strathcona's extrapolated tower sample said 145oz the reality in running all the sample was 281oz. In my opinion Strathcona's procedure is flawed.

Investing in Jr's is always a gamble and if you can't afford to loose money you're a fool for investing in them. PVG is a gamble it is not a mine. I do however like to see as much solid information as I can to base my gamble on. Running all the bulk sample takes a lot of speculation out of the mix it either has 4000oz or it does not.

Here is an analogy if you had the possibility of lung cancer and the doctor decided to do a biopsy from your toe would you consider his cancer free diagnoses accurate?

The herd is running right now on the possibility of an unsubstantiated fear  I'll wait until the evidence is in thanks very much.



Bullboard Posts