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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 16, 2020 10:51am
104 Views
Post# 30812428

The shorters are vindicated!!!!!!!!!!

The shorters are vindicated!!!!!!!!!!  I  told  y'all that this was going  sub  $5  !!!!!!!   Sitting at pennies  above $5  right  now  and  seling  for  around  $ 4.50  earlier this  morning.   I was right ,  y'all   were wrong  and are now sufferring the consequences  of  your inability  to   understand  basic  mining  economics.   And all your foolish  analysts  are revealed as charlatans.

I  might have been  right  for the wrong  reasons  but   in  life in general ,  Ill take   luck  anyday.


And  however bad  you think  things are today ,  ask  yourself  how  the market will respond  to  Q1  results if they are anything  less than  outstanding.
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