🚀 go-pugleaf

Sir Jean-Paul Turcaud wrote:
> This was the title of the full page article in the West Australian rag on
> Saturday !
> 
> As promised to you,  Telfer Mine will be closed on May 13th next, and so
> will be Kalgoorlie as well as all Australian Gold Mines !!!
> 
> This is the week end and I am sorry to say it wall be impossible now to get
> rid of your Mining Criminals ' shares ( Newmont, Newcrest, BHP-Billiton 's )
> 
> Why not try on Tokyo Stock Exchange on early Monday,  since I will the first
> to open.
> May the unaware Japanese are going to grab them as a god-sent bargain ???
> May be although I doubt it
> Try it anyway since this is either that or losing 80 % of those within the
> next week !
> 
> In any case,  you cannot say that I did not warn 3 weeks ago !
> So please don't blame me !!!
> 
> 
> Now let's lift our Heart and Thank the Almighty for punishing the Mining
> Criminals in the most appropriate way !!!
> jp

Aren't you the same person who predicted "THE 2005 GREAT SYDNEY
QUAKE & 500 000 VICTIMS CATASTROPHE" that didn't happen?  Why
would anyone believe any of your predictions since you've
been wrong on all counts so far?

Chuck Wright

* * *
Newcrest told: time's up
JOHN PHACEAS

Newcrest Mining's two-day sharemarket losses crashed through the $1 billion
mark yesterday as analysts warned their patience with Australia's biggest
gold miner was running out after its warning that fresh problems at the
massive Telfer mine would again cost millions in lost profits.

After Thursday's bloodbath, when nearly $750 million was wiped from the
company's worth as its shares plunged more than 9 per cent, the stock
yesterday slumped another $1.19 to $20.89.

The 5.4 per cent plunge wiped another $400 million off Newcrest's market
value, which fell below $7 billion for the first time since December. The
company is now valued at $6.95 billion, almost $2.1 billion less than at the
start of the month when the stock peaked at $27.20.

This week's falls come in the wake of the company's warning on Thursday that
continued metallurgical problems at the $1.4 billion Telfer project in the
Pilbara would cut production by at least 100,000 ounces of gold this year,
and that customers were unhappy with the high levels of impurities in copper
concentrate from the mine.

Adding to the bad news, Newcrest also revealed respected managing director
Tony Palmer wanted to quit around the time of his 60th birthday in the
middle of the year, and that its massive hedge book was more than $1.34
billion in the red at the end of December.

Coming in the wake of more than $200 million in cost overruns at Telfer and
Mr Palmer's public assurances last month that rumours of ongoing processing
problems were untrue, analysts said yesterday Newcrest's credibility was
almost in tatters.

"We feel the market has lost confidence and patience in the 'just around the
corner story'," Goldman Sachs JBWere analyst Ian Preston said in a research
note. "It is hard to see Newcrest outperforming without positive catalysts
and we fail to see any in the near future."

Mr Preston said Mr Palmer's impending exit also left a major void that would
need to be filled quickly.

That theme was echoed by investment bank Credit Suisse First Boston.

"Board credibility (has been) severely tested," CSFB analyst Michael
Slifirski said in a client note. "Having restated the acceptability of
Telfer's 800,000oz production target on January 30, the sudden downgrade has
not been adequately explained."

Mr Slifirski noted that Newcrest had now gone through four managing
directors and two acting chief executives since the redevelopment of Telfer
was first proposed in the mid-1990s.

Mr Palmer's departure also appeared "premature" given he had previously
indicated his intention to remain on board until Telfer was completed and
running smoothly.

Broker Bell Potter warned investors to "remain cautious" until Telfer began
performing to expectations, especially given that Newcrest's net debt was
now more than $1.67 billion and gearing levels were above 50 per cent.

Still, StockResource co-founder Grant Craighead said investors needed to
remember Telfer was a 40-year project and that the current problems should
be behind it within one to two years.

"There are plenty of challenges in the immediate future, but they will
diminish over time, so what you end up with is a very long-life, large-scale
asset," he said.

"We're probably at the maximum point of pain now for the company, so this is
about as tough as it gets and it's actually coming out the other side."

Though the stock appeared expensive above $20 on its short-term prospects,
Mr Craighead said Newcrest remained cheap compared to North American
predators who were no doubt eyeing the company's long-life assets and its
big reserve base.

"So it looks attractive to longer term investors who believe, as we do, that
sooner or later a predator will take it out," he said.

"Der Coach" <dercoach@FanaticLegions.mil> a �crit dans le message de news:
1204sb86rlc5o5c@corp.supernews.com...
>
snipped
>
> 25 years ago, 1981, when they gave you that $25,000. You could have 
> invested in a company called Microsoft (MSFT:)....... or Intel, ( INTL), 
> or Prudential, ( PRU) or even ATT or Gulf Oil, or , shit man, the list 
> goes on and on...........
> With $25000 you could have done VERY well for yourself. But you figured 
> that your old age is the taxpayers responsibillity.
> Well, maybe in a country full of surrender monkeys that beg the imams not 
> to cut their heads of..... in German,......
> But not here slick. This is " the Internet".
> But you expect us, and the rest of the world to feel sorry for you.
> Sorry, not all the world is socialist like France. Not all of us feel that 
> we're "entitled" to anything. Most people work, scrimp, save, invest, and 
> then work some more, to make a life.
>
> You might get a cheque from the Frog Gov't but you won't get one from us.
>
> Enjoy the rest of this life JP.....
> Please stop giving money to the Imams....
> Thank You.
>
> Der Coach
> CICFL
> PPoE
> Infidel # 2112

Coach,

... apart your insulting post, which I take it upon me not to reciprocate, I
did not receive  25 000 $
Find out the right figure for once,  and stop swallowing the Mining
Criminals' announcements as little milk

As I said to Dr Don Findlay sometimes back, I would have signed with the
Newmont, Newcrest & BHP manure for only ONE DOLLAR !

... and right there those pieces of shit could have saved themselves 24 999
$ indeed !
( I am sure this will stop those miserable degenerate Misers sleeping
tonight )

Independently of this,  all the credit for the 3 mines I  put on the map in
the Great Sandy Desert were given to 7 geological filth,  whom some of them
you know personally !
The Land of Bastards has not been able to give credit in 36 years to someone
like me,
... and the reasons are multiple in my view although I shall not waste time
elaborating on this

  ... and whatever the reasons this is too late anyway !

My interest is developing Deep Sea Dredging and thanks to the True Geology I
am in position to help willing enterprises to find easily the Huge Placers
deposits of Gold ( 100 millions tons ) Cassiterite, Platinum,  Illemenite /
Heavy Sand /  Zirconium,  and last but not least Diamonds by the ton ! ...
as you are not aware,  what I disclosed publicly on the Internet regarding
those Huge deposits in the 7 seas was known from the USA since a good 50
years. I got it in a different way that Howard Hughes ( murdered in cold
manner indeed ) but still I got it ... and this thanks to the True Geology.

With best regards

PS Malozemoff did not profit very long from its forfeiture,  as you probably
know...

-- 
Sir Jean-Paul Turcaud
Australia Mining Pioneer
Founder of the True Geology

Exploration Geologist & Offshore Consultant
Mobile +33 650 171 464
mining_pioneer/at/yahoo.com
http://www.tnet.com.au/~warrigal/grule.html
http://users.indigo.net.au/don/tel/index.html

~~  Ignorance Is The Cosmic Sin, The One Never Forgiven  ~~