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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.


ASX:NCM - Post by User

Newcrest Mining Ltd > BURDEN RELEASE FROM SNOWFIELD RELEASE
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Comment by highperon Dec 10, 2020 9:20pm
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Post# 32085773

RE:BURDEN RELEASE FROM SNOWFIELD RELEASE

RE:BURDEN RELEASE FROM SNOWFIELD RELEASEIt costs the major miners about $100 to discover an oz of gold. Snowfield went for $3 an oz.... I want to see how pretium management leverages the money they received. What advantage do the shareholders fet from this fire sale.Sure it was a stranded asset but C'Mon man....

.rudy said they are going to pay down debt. But just the other day he was crowing like a rooster over the best deal he ever made in his life.... today he was a lot more humble... 

sorry but paying down debt is not good enough...They better have a way to leverage some of the snowfield money into significant growth for pretium .....like with news of a real big exploration discovery that needs development....  

the other crew waxed wonderfully on bonuses and options even when they failed to deliver what the feasibility study promised... then they flittered away before the shareholders could throw them out...where would pretium be without the increase in the gold price.... 
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