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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 Nov 10, 2021 9:30pm
306 Views
Post# 34113123

Van Eck has a strong voting power...

Van Eck has a strong voting power...And if Van Eck people think the price is too low, it has some meaning. Hopefully some of the other institutionals see it same. Not the quick Dollar but the very long term return counts at ultra high grade PVG in a Tier 1 jurisdiction.

Top Institutional Holders
Holder Shares Date Reported % Out Value
Van Eck Associates Corporation 20779068 Sep 29, 2021 11.06% 200310215
Morgan Stanley 8781544 Jun 29, 2021 4.67% 83951560
Letko, Brosseau & Associates Inc. 7857842 Sep 29, 2021 4.18% 75749596
Vanguard Group, Inc. (The) 5690642 Jun 29, 2021 3.03% 54402537
Mackenzie Financial Corporation 4965867 Sep 29, 2021 2.64% 47870957
Sprott Inc. 4380808 Jun 29, 2021 2.33% 41880524
Sun Valley Gold LLC 4173268 Jun 29, 2021 2.22% 39896442
Franklin Resources, Inc. 2830051 Jun 29, 2021 1.51% 27055287
Ninety One UK Ltd 2808982 Sep 29, 2021 1.49% 27078586
Bank of Montreal/Can/ 2790279 Jun 29, 2021 1.48% 26675067
Top Mutual Fund Holders
Holder Shares Date Reported % Out Value
VanEck Vectors ETF Tr-Gold Miners ETF 9573646 Sep 29, 2021 5.10% 92289947
VanEck Vectors ETF Tr-Junior Gold Miners ETF 8841892 Sep 29, 2021 4.71% 85235838
Sprott Gold Equity Fund 2923485 Sep 29, 2021 1.56% 28182395
Vanguard International Stock Index-Total Intl Stock Indx 2398961 Jul 30, 2021 1.28% 22382306
Franklin Gold and Precious Metals Fund 2099000 Jul 30, 2021 1.12% 19583670
Fidelity Select Portfolios - Gold 2000000 Sep 29, 2021 1.06% 19280000
Vanguard Tax Managed Fund-Vanguard Developed Markets Index Fund 1248743 Jun 29, 2021 0.66% 11937983
Invesco Gold & Special Minerals Fund 1220000 Jul 30, 2021 0.65% 11382600
Heartland Value Fund 1000000 Sep 29, 2021 0.53% 9640000
Van Eck Funds II-International Investors Gold Fund 882600 Jun 29, 2021 0.47% 8437656
         

source: Yahoo Finance, https://finance.yahoo.com/quote/PVG/holders?p=PVG

...will require the approval of 66 2/3% of the votes cast by (i) the holders of Pretivm’s common shares and (ii) holders of options to acquire shares of Pretivm, voting together as a single class...


So it is enough to get 34 % "No" or "Withheld" votes to stop this gold expropriation of PVG shareholders.
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