ncm in the $9's, page-47

"the biggest one-time charge in gold mining history"

Newcrest getting a bit of play on Bloomberg does not bode well considering the US listing.

http://www.bloomberg.com/news/2013-06-23/gold-miner-writedowns-at-17-billion-as-newcrest-signals-fallout.html

and again today:

http://www.bloomberg.com/news/2013-06-24/newcrest-to-cut-about-150-jobs-at-papua-new-guinea-mine.html

I had a look on Skaffold yesterday and it says NCM will be in the $2 and $3 dollar range over the next couple of years.

Bit of a worry.