Conclusion When just about every asset under the sun is currently overpriced, gold is on sale, as are gold (and silver) juniors which offer the best leverage to rising metals prices.
@kempey this is Newcrest's Vimeo page ; https://vimeo.com/search?q=Telfer+update I was in communications by email last year from a Macmahon guy seconded to DDH1 rig at Havieron. This is how I first became aware of how Newcrest brief their workforce most of which work shifts. This one has been removed https://vimeo.com/511469621 Byrnecut, McMahon and many other sub-contractors have to adhere to Newcrest's H&S directives and this was there chosen method of delivery.
Thanks certainly looks different. Newcrest have removed the Telfer update Vimeo video posted by Paddy yesterday. Fortunately someone I think, maybe Mercedesman got some stills.
Neither ramping or de ramping just the facts.12 Feb 2021 19:24
Back in August GGP drilled 5 holes in a line in their Scallywag tenements and revisited two. The assays were scanned and sent to the Perth Laboratories. They have a XRF scanner. There are significant costs involved. Why would they do that if they were complete duds?
Preliminary core inspection has identified visible gold in the core and the Company has been utilising a portable x-ray fluorescence (“pXRF”) as part of the preliminary examination process. The pXRF has confirmed the gold content of a small speck seen in the core at 111.0 m.
This why all the antagonist and undesirables have joined the board recently. They want your shares. If you are in any doubts Havieron is about to happen watch this. The share price will look after itself.
RE: UBS analyst Daniel Morgan 25 - 3312 Feb 2021 13:48
I'm sorry I can't resolve the paywall issue. Basically back in August last year, Daniel Morgan ( UBS mining analyst ) was recommending sell when the Newcrest share price was circa 34 dollars. The share price is currently circa 25 dollars. After Newcrest's presentation on Wednesday night he has now revised his sell recommendation to buy with a target price of 33.2 dollars. Circ 30% above today's price.
UBS analyst Daniel Morgan 25 - 3312 Feb 2021 13:09
The article is behind a paywall. Going back to August last year this analyst was predicting Aud $19 per share. Something in the. Last few days has changed his mind.