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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 Jim12345on Jan 02, 2020 12:46pm
149 Views
Post# 30511470

I don't like its SP performance

I don't like its SP performancewhatsoever, I start not liking the SP actions of this stock. I hate to see too much ups and downs daily. It continues last couple of years I was watching this stock. Though I am very optimistic about this company and their exploration activities, it doesn't hold well with any long term investment strategy yet..... rather do better with shorts..... that too continuing for last many years....
Just look at the gold prices for last one year... it is consistently up and still rallying.... but where is the PVG SP.... doesn't make any sense to me.... Is there someone really manipulating this stock price??
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