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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 Oct 27, 2020 4:30pm
334 Views
Post# 31790248

PVG short squeeze: roughly 10 mill shares need to be covered

PVG short squeeze: roughly 10 mill shares need to be coveredFresh short figures from Canada are out. 73,151 additional shares were recently shorted in Canada
Symbol Issue Name Shares Net Change Date
$PVG.TO PRETIUM RESOURCES INC. J 2,191,965 73,151 21 Oct 2020

To get a complete overview about the pending short squeeze situation at PVG we must add the PVG shares shorted in the USA. According to latest public available figures this are:

Pretium Resources Incorporated $ 12.66
PVG (NYSE) 0.25
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Short Interest (Shares Short)
7,730,000
Short Interest Ratio (Days To Cover)
3.9
Short Percent of Float
4.25 %
Short % Increase / Decrease
-4 %
Short Interest (Shares Short) - Prior
8,010,000
Record Date: 2020-OctB
----------------

Totally short are 7,730,000 (USA) + 2,191,965 (Canada) = 9,921,965 PVG shares.

Thus roughly 10 million Pretium shares need to be covered (bought). And on Thursday evening we get our Q3 results... 

I wish to all shorters already now a "Happy Friday" !
-----------------------------------
sources for the figures: 
https://shortsqueeze.com/shortinterest/stock/PVG.htm
+
ceo.ca
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