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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 LovesAUon Sep 08, 2018 11:35am
324 Views
Post# 28584379

Class Action Lawsuit

Class Action LawsuitYa know, this all stems from the developmental muck release that PVG issued a year ago and which I have railed about again and again on this board. Since the suit only goes back two years- this covers the period when PVG issued that hugely misleading statement and allowed their buddy investors to find the exits.

I gotta say this. PVG deserves this lawsuit. Secondly- all I have heard is how s***hot PVG's Quartermain and Ovensek are as industry leaders. 

Unfortunately- defrauded investors cannot sue Quartermain and Ovensek personally for their Elon Musk type actions. It is we, the investors, who will once again get bitten in the azz. 

This outfit drives me nuts. Truth telling isn't exactly their strong suit.

Once again I will disclose that I am long a significant amount to keep the angry, short haters from whining. Join me in praying for a buyout.
Bullboard Posts