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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 31, 2020 9:08am
772 Views
Post# 31348635

The currency race to the bottom, seen on the price of Gold

The currency race to the bottom, seen on the price of GoldUser image

source including the full excellent article about it:
https://goldswitzerland.com/gold-the-sine-qua-non-investment/

All based on naked figures which everyone can make a fact check against it. Big things are sometimes very simple to understand.

The "old money" race down continues with even higher speed at new debts meanwhile in astronomical figures magnitude.   

To own gold in the secure "vault" of mother earth in a secure jurisdiction like BC seems to be a good idea for the next 10 - 20 years. Pretium Resources can deliver it with Brucejack at work and Snowfield (& other potential deposits on our area) set to come on stream in 7-10 years... 
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