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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

Comment by BSdetector2016on Nov 04, 2019 4:12pm
186 Views
Post# 30307198

RE:PVG is way oversold.

RE:PVG is way oversold.Day three of the pain, so it should be over soon. Right now RSI=26 and we are trading about $1.00 below the 200d MA. There maybe a chance for a bargain purchase tomorrow but that should be just about it.

Smittle wrote: At 9.24 is it becoming much more difficult to manipiulate the share price.  The shorts will have no choice than to cover soon. It is so obvious what is going on. There are now lots of big buyers at this price.


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