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New Gold Inc T.NGD

Alternate Symbol(s):  NGD

New Gold Inc. is a Canada-based intermediate gold mining company, which is engaged in the development and operation of mineral properties. The assets of the Company, directly or through its subsidiaries, are comprised of the Rainy River Mine in Canada (Rainy River), the New Afton Mine in Canada (New Afton), and the Cerro San Pedro Mine in Mexico (for reclamation) (Cerro San Pedro). The Company also holds approximately a 5% equity stake in Artemis Gold Inc., and other Canadian-focused investments. The Rainy River is a gold mine located in Northwestern Ontario, Canada, approximately 50 kilometers (km) northwest of Fort Frances, Ontario. The New Afton mine is located approximately 10 km west of Kamloops, approximately 350 km northeast of Vancouver, British Columbia, Canada. The Cerro San Pedro Mine is located approximately 20 km northeast of San Luis Potosi, Cerro San Pedro, Mexico.


TSX:NGD - Post by User

Bullboard Posts
Post by dudediligenton Jan 30, 2009 6:45pm
343 Views
Post# 15741825

Vancouver Resource Conference

Vancouver Resource ConferenceWas interesting to speak with the gals at their booth and hear them say that management was actively searching the market for aquisitions. This management will not stand still as their focus is to create a major producer here.
I see the SP getting back up into that four to six dollar range and at that time would not be surprised to see them go to the market for a large bought-deal public offering like Kinross did. Then you will see the Afton project ramped up again.

The gold rush is just starting to ramp up....
 
Bullboard Posts