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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 miningmanon Mar 08, 2018 11:58am
136 Views
Post# 27683725

RE:RE:RE:RE:Looking ahead...

RE:RE:RE:RE:Looking ahead...  Must admit ,  this is looking very disconcerting.  The very large short position has worried me.  These are proffessional money men who dont it wrong too often. What do they know that is not in the public domain.??   Price weakness over the last three days  suggests more and more people are privy to  the likely content of tommorrows numbers.


We think we know roughly what  these numbers will look like ,  but if the reality is  less than we expect ,  we will get slaughtered and managements credibility will take another hit.  And  3800 tpd does not enter into the equation untill mid 2019

Bullboard Posts