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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 RockyFelleron Mar 11, 2015 8:36pm
335 Views
Post# 23511832

RE:RE:Potential size of Brucjack

RE:RE:Potential size of BrucjackThanks VOKBLVR. I just checked out the site and was quite impressed with what I read. Please correct me if I'm wrong, but for Brucejack it appears M&I ozs. of  8.7 million plus 4.9 million inferred? Looks like over 50 million ozs. of silver? But at Snowfield it states over 25 million ozs. of gold plus 3 billion lbs. of copper, plus silver and molybdenum, etc.

Am I reading that right? If so isn't that a total of about $50 billion (give or take a few billion) in gross mineral vaue?? and a market cap of about $800 million?? If so, isn't this way undervalued with still room to grow the size of the resources?? Or am I missing something or not reading it right. Wouldn't be the first time, haha!
Bullboard Posts