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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 Mar 13, 2019 8:06pm
226 Views
Post# 29482532

RE:RE:RE:Pretium is being held down

RE:RE:RE:Pretium is being held downA fairly written comment.

We've always known we have gold and silver. Management has done some things well and done some hideous things.

No shorter alive would base his decisions on a message board. This would have been a top tier mine...in the KL class...pegged around 18 bucks a share had management communicated each quarter and let people know it was in capable hands.

Nobody ever wants to talk about the developmental muck memo and the fact that ZIJN and SSR hit the bricks as that con job was getting published. We ended up being bagholders.

Nobody wants to talk about the lack of guidance and ops like who was selling 3x normal volume the day before the bad earnings release. Which this manager, Joe O should be managing, and communicating. And bringing to a conclusion. We hear crickets.

None of this has happened. Every problem this mine has had is Joe O's responsibility. If I were on the board- I'd recommend a new career path. We'll see what he screws up next and undoubtedly there will be folks on this board making even more excuses for his poor performance during the next earnings release.

I honestly do believe that at this point- there is nothing left to screw up. I think PVG may become the mine we all thought it would be years ago. 


Bullboard Posts