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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 sailor8on Oct 13, 2021 8:14am
175 Views
Post# 34000063

RE:5 years average close price PVG = 9.51 USD

RE:5 years average close price PVG = 9.51 USD... and "Yes" the shorters are in covering mood. At least the smarter ones among them limit their long term losses:
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Pretium Resources (NYSE:PVG) Short Interest Data
Current Short Volume 7,110,000 shares
Previous Short Volume 8,440,000 shares
Change Vs. Previous Month -15.76%
These are the figures only from US markets.

Add the short figures from Canada markets for PVG, which are:

$PVG.TO PRETIUM RESOURCES INC. J 1,591,981 206,542 30 Sep 2021
$PVG.TO PRETIUM RESOURCES INC. J 1,385,439 -426,457 15 Sep 2021
$PVG.TO PRETIUM RESOURCES INC. J 1,811,896 -377,180 31 Aug 2021

---------

It is clear: the smarter shorters had started to limit their losses. 

Remains the big majority of shorters who still have to cover 8 to 9 million PVG shares. The exit door for the shorters is narrow. The last shorters who will exit their failed short position will have to pay the highest prices ...
---------
source for the short figures  USA: https://www.marketbeat.com/stocks/NYSE/PVG/short-interest/
and for sort figures Canada: https://ceo.ca/PVG

Longs: Do not sell your PVG shares to the shorters. Squeeze them !
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