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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
Post by Ht7d45hon May 15, 2018 9:50am
161 Views
Post# 28031838

Pretium Rescue

Pretium Rescue
The one thing that could rescue PVG from a debt/death spiral is the gold price
and right now that is not happening.

If the gold price moves down there is a very good chance that PVG's real AISC
will exceed the gold price paid to PVG.  If that happens, forget about buying out 
streams, be prepared for a big share issuance with warrants for the big players and
eventual NEW owners of the company.

Regular shareholder will hold onto his shares that will have dropped another 50%
from where they are now.


Bullboard Posts