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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 VOKBLVRon Dec 29, 2016 2:54pm
297 Views
Post# 25651034

Bye Bye Seabridge

Bye Bye SeabridgeFinally the market is valuing Pretium higher than Seabridge. It isn't by much at this point but it is nice to see. We have lots of upside exploration potential in an enormous land package and will have the m,oney to do the exploration without significant dilution (if we choose that route) I think that the possibility of extending the strike length at Brucejack is excellent and the profits from the mining will provide enough funding for the needed underground access to get to the flow dome zone to delineate a resource which could keep Brucejack operating for a lot longer than the current 18 years. We are high grade-Seabridge is low grade. We require modest capex -they need a joint venture partner with deep pockets (translate that to selling most of the farm to be able to keep a couple of chickens.)
Bullboard Posts