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 Oct 01, 2019 5:23am

171 Views

Post# 30180799

RE:RE:RE:going up

Even if I was- why would you care? The COT report has been hugely negative with record numbers of commercials short gold. You didn't need a roadmap to see this coming. So the pigs are getting slaughtered since Wednesday. I traded out of PSLV. I am getting slaughtered with the rest of you. Resistance at 1360 for years will now become support. Expect gold to trade down to that area before the next leg up. I think you can add PVG near 10 when this downleg stops. If gold breaks and closes below 1345 or so- get really worried.

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