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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 miningmanon Sep 06, 2018 5:38pm
188 Views
Post# 28575507

Todays trading

Todays trading With over 11 million shares changing hands today.  I think its fair to asume its not just smaller retail shareholders  dumping today.   I agree theres a certain amount of nonsense and erroneous info in the Viceroy report  but its actually very well put together with some  good mining engineering analysis.  It would take me   ..  or management ....a very long time to put together a coherent  rebuttal to every  negative comment.    In my opinion.  only the release of   the last two months  tons and grade  will demonstrate a serious attempt at rebuttal..

If we have wait for Q3   numbers  in early OCT . so be it  but if thats the case the negaitive  trend will probably continue..  The big playetrs have started to exit and potential refinanciers will be examining the Viceroy report  in detail.
Bullboard Posts