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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 Smittleon Feb 20, 2020 10:53am
64 Views
Post# 30712794

RE:Mind gimme some of that Kool-Aid?

RE:Mind gimme some of that Kool-Aid?You are right on. It is a mind game. It is about scare tactics. It is about bringing the share price down to add more at a lower price.  It is about the shorts covering.

PVG is in great shape and has a tremendous future. The battle going on behind the scenes is incredible. Big money is at stake.

NiN777 wrote: Why are people surprised about mining under-delivering or cost-overrun, it's the standard of the industry.  You got take their PR and marketing with a grain of salt and do your own DD.

"Mine life of 30 years, multi-million-undevelopped-highest-grade-opened-at-depth-deposit-near-infrastructure-low-capex"

Every mine runs in some problem at one point, you'd be surprised how much doesn't make it to the general public(dont want to go too deep into that rabbit hole).

What I know is that mine is generating cash, the big-boys are accumulating Paulson & Co, Royal Bank(wait a sec the same that downgraded the stock) and the chumps retail investors are dumping ( you know because of technical analysis).

POG will keeps crawling up and up and some shorters will get the boiling frog syndrome.


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