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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 1:40pm
153 Views
Post# 27573710

RE:Paths - RE Shorts in the Gold Space

RE:Paths - RE Shorts in the Gold SpaceA part of it is that investment advisors want to follow predominant trends. Trying to call for a trend change or a reversal is a low probability event to get correct exactly, only works when a person has both fundamentals and technicals excatly. Also they follow set rules, such as don&#39;t own gold shares when interest rates are rising. That may be good advice, but gold is not listening, and maybe gold shares will finally react also.<br /> <br /> A big yes on qqq puts. I also bought some qqq puts today, March expiry as I&#39;m not likely to hold for too long, that was at 166.1, so it was going against me for a few hours. AAPL is looking exhausted, and is a big part of qqq. Although qqq options can be very difficult and I would not easy recommend them, safer option is to buy QID inverse fund.<br /> <br /> However, I also bought a tech stock today, cytk, their science is good, and fundamentals, technicals all aligned. I like owning something that is playing a role in making people better.
Bullboard Posts