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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 pathson Jan 26, 2019 2:45pm
189 Views
Post# 29285205

RE:RE:RE:RE:RE:RE:This might be too perceptive but...

RE:RE:RE:RE:RE:RE:This might be too perceptive but...I'm an armchair analyst, following this company with extra interest since I live in BC, and I have been interested in that region for decades. I studied geology and mining engineering and have worked in mineral exploration and mining companies, as well as on hydro dam projects. Some times working on projects funded by investment where everything that happens was put in motion by investors.

There is no shortage of people criticizing this company, so why not correct some of the rubbish statements that fly by? I like people that make or have made investments in the resource sectors, it's a difficult topic, sometimes investors are under appreciated, to put it lightly. 
If I put effort into following a company, why not try to write some helpful messages? Problem is there are many nonsensical messages so no matter how much one does, one can only reply to some of it.

I do have investments in other things, that I don't know as much about, or are not a good topic to discuss, recently cytk, ge, cldx. I follow nak, as it has a complicated opposition, with many incorrect statements being made about it. I like investments that have some connection to helping cure illness. I also like housing in conjunction with market cycles, if as the owner you are also the manager and can be involved with repairs and use the leverage of mortgages, etf's can work, but are not localized much.


No this is not at all like Pirquitas. That had an enriched zone that did not model well, pvg has a stockwork, an interconnected essentially random network of veining, where there is no reason why the geostatistics used should not work.

"I simply don't see the upside in doing it." Maybe you don't understand the time frame required for a start up to get everything working well, and the involvement of market cycles. "Pretium episode is going to do for your credibility" I have been correct several times before here, while you were not posting any calls.

"Just for my entertainment, let's get some of your forecasts out in the open" Nope, I don't respond to sarcastic nonsense from a shorter. I am going to post some forecasts, but not because anybody asked for them.
Bullboard Posts