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

Bullboard Posts

Comment by goindeeperon Feb 11, 2014 7:47pm

285 Views

Post# 22197873

RE:Shorts are Covering

I agree.

Even if only the top 9 holders are absolute long-term buy-and-holders, then the shorts are in trouble as only 52% of the outstanding shares might be available on the market. That means the shorts have up to 5% of the available floating shares they have to cover. Of course, it is likely that there are many many more bought-and-holding investors at these prices. The shorts may actually need to cover up to 25%.

I am giving them a chance at some of my shares though. I have placed a sell order at just under 9 dollars for a portion of my shares tomorrow only since I might need some cash and thinking I need to take some money off the table. They are welcome to that as long as I don't change my mind tomorrow afternoon.

Targeted Security Holder Results - 214 items

Name	Shares Held	% of OS	Report Date	Change
Page 1 of 5 - 1
SILVER STANDARD RESOURCES INC	18,985,807	18.07	20130630	0
ROYCE & ASSOCIATES INC. ^^^	7,050,187	6.71	20131231	-2,537,013
LIBERTY METALS & MINING HOLDINGS LLC	6,849,864	6.52	20130906	1,069,518
ROYCE LOW PRICED STOCK FUND ^^^	4,106,000	3.91	20131231	150,000
PASSPORT MANAGEMENT LLC ^^	3,966,280	3.78	20120930	-547,613
PASSPORT CAPITAL LLC (ALSO REPORTED BY PASSPORT MANAGEMENT LLC)	3,443,536	3.28	20130630	-2,483,316
NORGES BANK (CURRENTLY FILING CONFIDENTIALLY WITH SEC)	3,219,347	3.06	20121231	481,649
QUARTERMAIN, ROBERT ALLAN	2,853,353	2.72	20130301	0
SHORT POSITIONS	2,790,666	2.66	20140131	-160,921
SUN VALLEY GOLD LLC ^^^	2,610,700	2.49	20130930	0
ROYCE PENNSYLVANIA MUTUAL FUND ^^	2,302,187	2.19	20131231	-451,600

Short Positions for PVG

Symbol	Report Date	Volume	Change	Shares Issued	% Float
T : PVG	2014-01-31	2,790,666	-160,921	105,051,050	2.66
T : PVG	2014-01-15	2,951,587	-533,644	105,051,050	2.81
T : PVG	2013-12-31	3,485,231	139,287	105,051,050	3.32
T : PVG	2013-12-15	3,345,944	-141,493	105,051,050	3.19
T : PVG	2013-11-30	3,487,437	-1,002,597	105,051,050	3.32
T : PVG	2013-11-15	4,490,034	400,526	105,051,050	4.27
T : PVG	2013-10-31	4,089,508	880,696	105,051,050	3.89
T : PVG	2013-10-15	3,208,812	263,862	105,051,050	3.05
T : PVG	2013-09-30	2,944,950	74,394	105,051,050	2.80
T : PVG	2013-09-15	2,870,556	433,670	105,051,050	2.73
T : PVG	2013-08-31	2,436,886	-128,166	102,256,532	2.38
T : PVG	2013-08-15	2,565,052	-16,158	102,256,532	2.51
T : PVG	2013-07-31	2,581,210	-589,623	102,256,532	2.52
T : PVG	2013-07-15	3,170,833	96,129	102,256,532	3.10