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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 miningmanon Mar 05, 2020 3:33pm
104 Views
Post# 30772038

Winners and Losers

Winners and Losers  At the macroeconomic level ,  with  POG   doing  really well almost  daily,  I  find it interesting that  ABX,  NEM,  BTO ,  WDO  and  AEM  are doing well.   Both PVG  and KL have  suffered  because  of  a possible  ill timed/  ill advised  takeover   and /  or  reserve wtite down  and  poor  quarterly results.   I see this.trend  continuing,  with  the market  being  ready  to punish  any  sort of  poor result  or reserve write  down ,  or  failure to met  general  expectations....... even  if  those expectations are over optimistic.

But  please  buy  PVG ,,  I need a $9   SP  to make a future short  worthwhile
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