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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 GoldTheoryon Nov 08, 2013 7:42pm
391 Views
Post# 21890645

RE:RE:RE:reality bites...

RE:RE:RE:reality bites...
boardmarker you really need to do some research, I'll point you to some things in case you care to have a more accurate view of the world but I am aware that people cannot learn something unless they are ready to learn.
1st NFP today was not good, 923,000 ppl dropped out of the labourforce, 200,000 jobs created and yet the unemployment rate ticked up? Zerohedge reported that "623,000 Full Time Jobs Lost Last Month" which offset "the surge in 691,000 full-time jobs in September".
2nd "The Commerce Department has made changes to how it calculates gross domestic product" as of August 2013. So GDP now appears higher then it previously did with no additional economic activity, also current GDP is (of course) inflated by the $1 trillion a year of FED purchases.
3rd check out shadowstats.com (aka shadow government statistics) they provide all economic stats with the original methodology so you can do apples to apples comparisons... Sources like 0hedge and shadowstats MAY exaggerate numbers to bolster their case but the government sure as #$@& does

https://www.zerohedge.com/news/2013-11-08/623000-full-time-jobs-lost-last-month

https://www.marketwatch.com/story/the-new-gdp-methodology-what-you-need-to-know-2013-07-31

https://www.shadowstats.com/

The truth usually lies between 2 extreme and opposing points of view, so in order to have a clear picture you must be aware of both views. Anyways I'm not here to argue, just to enlighten those who are ready to hear the truth, best of luck.
Bullboard Posts

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