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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

Comment by westcoast2019on Jun 23, 2021 11:29pm
213 Views
Post# 33439734

RE:Been awhile

RE:Been awhileI bought in a while back at C $12 with a target sell at C$18

When PVG briefly went past $18/share last year I got greedy and held off selling.

Now after the recent released news I increased my position by 25% only to see the gold price and PVG stock price tumble right after.
Nevertheless I am pleased to be holding the stock now and $18 would be the very lowest sale price for me now. If we get a gold run before the end of 2021 I see this stock going much higher than $18 and takeover offers arriving in the twenties/share.
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