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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 sailor8on Jul 07, 2020 9:10am
749 Views
Post# 31232809

PVG short squeeze: roughly 16 million shares are shorted

PVG short squeeze: roughly 16 million shares are shortedNew short figures are out from Canada:

Symbol Issue Name Shares Net Change Date
$PVG.TO PRETIUM RESOURCES INC. J 3,809,868 16,630 7 Jul 2020

We see a slight increase in the last half month of shorted shares here. Most important: shorters missed their chance to buy back on the dips in the last two weeks !
---------------
Add the latest available short figures from the US markets to get the total number.

USA figures about shorted PVG shares:

Pretium Resources Incorporated $ 8.53
PVG (NYSE) 0.36
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Short Interest (Shares Short)
12,190,000
Short Interest Ratio (Days To Cover)
5.5
Short Percent of Float
6.70 %
Short % Increase / Decrease
3 %
Short Interest (Shares Short) - Prior
11,780,000
Record Date
2020-JunB


Thus totally short and ready for a nice squeeze are now: 

3,809,868 + 12,190,000 = 15,999,868 PVG shares !
 
Dear shorters: Happy buy back of your borrowed shares !!

What will shorters do, if the Q2 (H1) 2020 results from Pretium are less bad than they state in their wishful thinking ?

What will shorters do, if our Q2 (H1) results are in proportions to other gold miners one of the best world wide ? 

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