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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 pathson Feb 16, 2018 2:59am
204 Views
Post# 27570023

RE:RE:RE:RE:RE:RE:RE:RE:Gold up.. PVG is down another 4 %

RE:RE:RE:RE:RE:RE:RE:RE:Gold up.. PVG is down another 4 %We are trying to assemble a forecast of the future ahead... The past ramp up results, that is looking in the rear view mirrror. The view ahead is a little foggy at the moment. The hope part involves placing some trust in a theory based calculation, the programs they used, and the people who prepared it. Somewhat is yet to be proven, but not pie in the sky speculation either. 

It's not a matter of accepting, it's doing some work on this, we can do better that some of the analysts, they will only tell us what happenned after the fact, I can forecast that more irrationality lies ahead. You found us here, so buckle in and prepare for a ride on the pvg roller coaster, like the space mountain ride, in the dark with no lights on, doubters please sit up front, (in the event of splashdowns). Anyways, this is not going to be a dull ride.

It's crazy the way the markets work. There are hundreds of bloated overvalued compainies on nasdaq and elsewhere, very attractive targets for short sellers, FB, AMZN included. Yet the short sellers want to bother with beaten down gold miners, at shocking low valuations, ABX at 13.3us has 9.2M short in US alone, etc.
Bullboard Posts