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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 pathson Feb 18, 2020 3:48am
154 Views
Post# 30701096

RE:RE:PATHS...............

RE:RE:PATHS...............I am disappointed at the course of events, I've seen things not work out before, figured this would be different. I thought I was middle of the road, somewhat neutral, but turns out I was on the over optimistic side, maybe not by a huge amount, but I certainly could have been closer. If trying to be a part of helpful discussions, I should reconsider, try to aim to do better. I am thinking of avoiding taking a position in the shares, and just discuss here at times, to see if that helps me be more balanced. If not I'd add a disclosure note. All along I have been more interested in following the story, and trying to help others sort out the questions here, than being interested in the shares, at least from my perspective.

The company has strained it's credibility, and then went and rehired the same person to do the reserves who has not been accurate each time before. At this stage, there should be less uncertainty, but there is too much. It makes it more difficult for anyone following the story, so questions remain ahead, I'll try to stay involved with the group effort of trying to project where this ship is heading...
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