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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 Contrarian58on Nov 27, 2019 8:12pm
140 Views
Post# 30400312

RE:RE:RE: Drill for structure drive for grade

RE:RE:RE: Drill for structure drive for gradeYour obsession with this particular mine is quite odd. Surely you don't think that anything you say has any material effect on the stock price, although it may influence some weak-minded and inexperienced investors. The reality is that you don't know any more about what's going on at this mine than anybody else. Here's what is know about Pretium however: 1) There is a lot of gold in the ground, although the initial grade estimate may have been optimistic. 2) The company is generating lots of cash and is paying off their debt. 3) The company owns a very large plot of real estate in one of the most metal-intensive areas on earth. They are likely to rn into more gold, silver, and other metals. 4) They are going to be pulling metal out of the ground for a long time. For all of these reasons, I think your conjectures are worth just what we pay for them.
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