Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 20, 2018 5:44pm
126 Views
Post# 27590431

RE:RE:Exaggerated selling

RE:RE:Exaggerated sellingUS dollar is on a rally last few days, and so gold is pulling back. Also gold was back up to 1360 one more time without breaking through, and is falling back from that failed move. We already know about what will be in the 3/8 report as the ounces were released, it is not known if they will use the opportunity to give an update in the Q1 production, maybe but likely not. The Q1 report could be expected to be better, that would be mid May, but grams produced might be announced earlier, perhaps mid April.

One might be able to make a rough estimate of the Q1 report. That is calling it 50% 1320 level and 50% 1230 level. 1320 level would have caused the better grades in Q3, and 1230 level is better than the low grades of 1200 level in Q4. Whatever way a person estimates it, it has to be better, can't be towards the bottom of the guidance range unless something serious were to go wrong.
Bullboard Posts