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 > Major Institutional SELLERS according to Morningstar:

<< Previous

Bullboard Posts

Next >>

Comment by SkyeCairnson Nov 13, 2021 3:38pm

179 Views

Post# 34123625

RE:RE:RE:RE:Major Institutional SELLERS according to Morningstar:

Shadow10 wrote: Just wondering does it look like yhey are trying to drive their own stoick price down so they wouldn't have to pay so much for Pretium shares?

I don't think that would be the reason for selling as the price of PVG has no bearing on the "deal" of $18.50 or 80% share of NCM. Maybe they're afraid of a NO vote and the stock price falling or they don't want to hold NCM . Not sure if we get Canadian listed, US Pink Sheet or ASX shares. Canadian shares is illiquid that might change if the deal goes thru .

<< Previous

Bullboard Posts

Next >>

Investors eye Australian gold mining projects amid promising developments