Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 sclardaon Nov 22, 2019 12:20am
102 Views
Post# 30381006

RE:RE:RE:Cormark: PVG est. Earnings next year = $ 1.35 per share !

RE:RE:RE:Cormark: PVG est. Earnings next year = $ 1.35 per share !Smittle wrote

Lots of buyers today.  Watch and learn!

miningman wrote:   I  cannot  for the life of me understand how these clowns can  continue to publish  values that  are so far   removed from  reality.   AS per the source here ,  PVG   is now at a P/E   of  over 100:1!!


I fully understand that  for many people   the P/E   ratio  is not regarded as a usefull mettric  when  evaluating  gold miners ,  but come on  peeople,,  PVV  would  have to improve  its economics  by 400%    to  come close to KL ,or  ABX .   Why would you  invest  in PVG  today with all the headwinds  it is facing??   Grade  problems ,  tonnage problems,    reserve wrttedowns,  large debt, ???


If  you think  POG  or Cleo type grades  are going to  provide a windfall ,  go ahead  and risk  your  cash.   PVG has been trading at a P/E  of over 70:1  for some time  which to me  is another reason  why the shorters are doing well here.

---------------------------------------------------------

Hey Minor Man werent you spouting the same b.s. awhile ago when PVG was at $9 on it way to  $18.. Sure got quiet when that happened. 

How many Corn^%%holings do shorters like you need before you learn your lesson?  Sooner or later you will get another well deserved one with this stock.

<< Previous
Bullboard Posts
Next >>