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.

ASX:NCM - Post by User

Newcrest Mining Ltd

Bullboard Posts

Comment by Smittleon Jun 15, 2018 8:46am

204 Views

Post# 28176652

RE:RE:I've got a feeling we are headed toward 8 g/T

The shorts will get burned again today! This is fun. I keep adding at these low ridiculous prices.

Ht7d45h wrote: I completely agree...

The grades have not lived up to the multi year hype, but the debt and stream is there and will turn 8gt at $1100 AISC into a death spiral.

Joe O is inept - except when it comes to lining his and his management pals pockets
with shareholder ( and creditor ) money. The new owners ( the creditors ) will eventually get their money back and then make a profit , but it will take time and their own magic sales pitch spin on it. To all current shareholders you get nothing... Joe & Co. took it and will keep taking
as long as you continue to buy into their BS.

goldminer01 wrote: in the steady state. This is fast becoming just an ordinary operation. The debt and streamer overhang will be a "bottom line" killer. Dr. Q very quiet (he served his purpose and solid out his reputation), only the lawyer is talking.