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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

Post by BSdetector2016on Nov 03, 2019 1:17pm
179 Views
Post# 30302461

Pretium is a one mine company

Pretium is a one mine companyAll the market did is take away the premium accorded to share price when Q3 showed that they would not make their production forecast. If Au goes to $1,600, what the market took away will be flooding back even if production stays at depressed revised forecast levels. What I would like to eventually see is a merge with another producer with a similar production profile, and a high-grade long-life asset. That would smooth out any bumps that come along. The shorts love this stock; it's too easy to play. 
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