Newcrest Mining Ltd NCMGF

Primary Symbol: A.NCM

Metals & Mining Gold

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.

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Newcrest Mining Ltd > KEN retiring & What that means to us LONGS?

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Post by Paray99on Sep 28, 2020 10:19am

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Post# 31628459

KEN retiring & What that means to us LONGS?

Lots of greenfield exploration done under Ken's leadership and now he is retiring before realizing any cash value from those exploration? What that means to us investors?

If I am right, Ken is one of the biggest share holder of the company. Did all those exploration over A6, and other prospects ending without much value?

IMO, if they are back to square with just the Brucejack, we longs are screwed again and as I always suspected shorts know much more than what is said in their not very frequent news releases!

No Snowfield development, No new plays from the Regional exploration, Another issue at Brucejack mine, Damn it! PVG will see below $10 again.

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