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 marnesueon Nov 13, 2017 4:50pm

206 Views

Post# 26954635

RE:RE:RE:RE:RE:Letter to Mr Ovsenek...

The fact of the matter is that they showed a net loss of $0.04/sh. If they had gotten off their rear ends, they could have sold the $45,000,000 of gold and silver and shown a profit of approx. $0.20/sh for the quarter. At the very least they shoud have included a footnote stating that "If we had sold all the gold and silver produced in the quarter we would have achieved a profit of $0.20/sh". Seems as though they went out of their way to paint the company''s financial situation in the worst possible light. It's no wonder we lost $175,000,000 in market cap. today

Bullboard Posts

Eminent acquires promising Nevada gold project