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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 4:33pm
74 Views
Post# 30714752

RE:RE:RE:PVG Short Volume for 02/18/20

RE:RE:RE:PVG Short Volume for 02/18/20

How about how they stack up multiple positions to stop and slow the buying on the multiple short days. It’s criminal!  It's well organized crime. Have to clean house at all government agencies. 

Especially the SEC. Did you see what they did today (again)?  Stacking up the ask side won't last forever. Somedbody is very scared right now. PVG is ready to go back up.


paths wrote: Short volume figures, also of interest, perhaps, but I would see them more as a reflection of how the market maker is dealing with intraday volatility. What I read is the market makers often run up a short position and buy shares into it multiple times, even in a day. They report it, as they were trades in the market, even though just to adjust their inventoriy, but not of much real significance. If I find the link I saw again, I'll post it. If there really were sucessions of 45% short days etc. the short positions reported twice a month by brokers would be huge(?). Therefore, I am not sure these daily Finra reports are useful, at least one should view them in context.  


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