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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 CashGreenGoldon Feb 01, 2018 3:24pm
267 Views
Post# 27482875

RE:STATING THE OBVIOUS PERHAPS

RE:STATING THE OBVIOUS PERHAPS

Ya, you're missing out not buying here... realtive valuation is enormous in terms of cash flow, resource size, nearly every metric there is.

You ask what it will take for a reversal - how about just a lack of sellers? That's already playing out on the 15m chart, selling hitting an exhustion here. As it steadies in price, buyers will come in.


Technicals are massively oversold, there is bounce to 8 in the cards by mid FEB. 

Bullboard Posts