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.

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Newcrest Mining Ltd

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Comment by Kewl002on Feb 28, 2018 3:55pm

132 Views

Post# 27639042

RE:RE:Price action:

I "think" AGI also fits the scenario described --- price down ~40% while financial fundamentals are wayyyyyy stronger than a year ago. Not to mention that 500K Au/year already is not a small operation.
I can't find faults that would support the price decline and suspect that AIG will be in play before PVG gets targeted.
Can't help but think that the "takeover" game is a critical component in PVG pricing. Like a poke game - Mgmt must be extremely careful to not reveal the winning hand before every dollar possible has been added to the pot.

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