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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 Sep 30, 2017 1:35pm
204 Views
Post# 26762639

RE:RE:Zijin Mining

RE:RE:Zijin MiningI am curious- where do you see the risk with reguard to PVG. Zijin is currently a major shareholder. If they make an offer to purchase Pretium-I do not think it would be the only offer on the table. At this point, I doubt that RQ would sell to anyone as there is a lot of relevant news forthcoming over the next couple of quarters.. If the news is bad-no one will be steppng up, but to me it is more likely that the production numbers will be at least as good as the FS and in that case ,all of the big boys will want an opportunuty to take it out of our hands and with multiple offers it may be hard for management to resist
By Christmas the results from this years exploration should be available ad if there is encouragemnt either to the south east or to the potential VMS area to the north we will be moving from a one trick pony  to an exciting explorer again.
If the entire market tanks I suppose the shorters will win, but they are taking an excessive risk with PVG in my opinion. They would do better by shorting the FANG stocks because they have the farthest to fall.
Bullboard Posts