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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 LovesAUon Jul 02, 2018 11:09am
135 Views
Post# 28258735

RE:Paths

RE:PathsWith the price of gold down and getting closer to AISC and the price of fuel an energy going up- I simply cannot see pvg turning much of a profit. Your Goldilocks post which is long on hopium and short on common sense reminds me of a stock I owned many years ago. It was the last time I ever let the Chinese rip me off. When the company finally came clean- that they had no business or book and that they had frauded investors out of millions- I remember chatting right here with a gentleman who claimed he had lost his entire retirement savings. Despite all of the facts and a stock price in pennies- he told me that he hoped it was all untrue- a giant lie so that company insiders could buy shares on the cheap. I was in awe at that level of naivete' and hopium.

PVG is dead money for the foreseeable future. A lot of things have to change dramatically- and not just the grade- in order for the shares in this company to move higher. 
Bullboard Posts