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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 cigarbuttson Sep 13, 2018 4:56pm
165 Views
Post# 28615959

SSR Mining

SSR MiningMD&A 1Q ending March 2018.    page 5.   Business Overview.

In the 1st Q of 2018 we sold 4M common shares of Pretium Resources Inc. ....realizing pre-tax   ......$28.1M US.   At March 31, 2018 we held 5.0M shares  Pretium Resources  ......subsequent to the Quarter end we sold our remaining position...........proceeds of approximately $35M  US.

One thing the Viceroy report pointed out was that ALL the top  managment people at Pretium came from  Silver Standard Resources, now renamed  SSR Mining.

MD&A for year end December 2017 page 6,   Business Overview.  During 2017 we sold  7.9M shares of Pretium Resource ....      cash proceeds of $68.9M US. 

All the Bulls on PVG keep repeating the company PR,  meanwhile the company insiders  'old friends"  at SSRM have unloaded all their shares for decent $$ and decent profit.

Vancouver is like Chinatown,  the Jack and Fay movie................don't we all know how corrupt Canadian Securities dealings are?      Particularly a few close tied companies in Vancouver!  
Bullboard Posts