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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 Oct 15, 2018 12:27pm
157 Views
Post# 28802576

RE:Now 18 million shares are in the shorters trap !

RE:Now 18 million shares are in the shorters trap !A 10% short position is hardly even worth mentioning. There are many, many equities with far greater short positions. It is kind of funny to note that people are shorting a stock that is already priced near rock bottom, it mines a highly valuable commodity also priced near rock bottom, and is certainly a takeover candidate. Not my recipe for shorting success. 
Bullboard Posts