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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 Jun 09, 2021 7:50pm
218 Views
Post# 33360032

Short interest number from Canada trading

Short interest number from Canada tradingUser image

This is Canada only ... !

They throw more and more borrowed and artificially created shares on the market. Together with the shorted shares in USA there are in the sum about 10 million PVG shares short. 

Shorters paid already a high price to press the shareprice down of this value stock. They will need to pay much much more when the shorter gang has to buy back these borrowed shares. My goodness: 10 million shares ... and no one will be willing to sell once the train had started. 

Until then we have a nice opportunity to buy excellent value shares at deep discount prices created by our beloved shorters. 


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