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New Gold Inc T.NGD

Alternate Symbol(s):  NGD

Consumer Cyclical Metals & Mining Home Furnishings & Fixtures Gold
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

New Gold Inc
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Comment by BryKonGroupon Jun 03, 2009 9:59am
429 Views
Post# 16039734

RE: June 4th is the close

RE: June 4th is the closeCan someone help explain this to me...

I understand at the end of June 4th WGI will no longer exist and will become NGD.  Therefore NGD's outstanding shares will increase and there market cap should increase as well..

Will the price increase/

Will it become an intermediate gold stock?

Just looking for some clarification of what we should expect to see open June 5th...


What is going on today?  Pull back from shorters?

Bullboard Posts
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