Newcrest Mining Ltd NCMGF

Primary Symbol: A.NCM

Metals & Mining Gold

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.

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Newcrest Mining Ltd

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Comment by LovesAUon Sep 09, 2019 4:55pm

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Post# 30110306

RE:RE:RE:RE:RE:Rough Day for the Cheerleaders

I owned some bought sub 5 after the Strathcona debacle. I have traded in and out of PVG and I buy a lot of call options. Today caught me totally off guard. I don't mind down days but taking a 9% haircut on 4.5 million volume means one of two things. Somebody knows something or somebody knows something. You don't unload a gold miner when the whole world is screaming for gold- the fundamentals are near perfect. We will see in a few days what the friends of Ovsenek found out today.

Bullboard Posts

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