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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 VOKBLVRon May 17, 2016 3:55pm
314 Views
Post# 24882441

RE:RE:RE:RE:RE:Rick Rule mention on BNN

RE:RE:RE:RE:RE:Rick Rule mention on BNNI am not a subsciber to Sprott or any of his companies but I have listened closely to quite a number of interviews with Rick Rule (a very successful resource investor) and do not find him to be deceitful. He clearly invests at an early stage in projects and admits that he does not win every time but reduces his riisks by equipping himself with seed stock and options. He seems to hedge his bets by picking people then projects. He is in an enviable position by not actually putting up any of his own money (unless he choses to) and also has the patience to wait for the marlets to cycle.
Bullboard Posts