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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
Comment by papineauon Apr 27, 2017 7:49pm
182 Views
Post# 26176967

RE:RE:Bad news Jan 30, the stock tanks.

RE:RE:Bad news Jan 30, the stock tanks. This analyst may be basing his assumptions on the Jan 30th report.. the delay was reported by the company and the share price was punished for it.  I find that a lot of the brain stems working for these firms are lazy and don't do their homework.  This guy may not have even read the April 26th update and the share price is being hammered again on good news. IT IS THE DUTY OF THE PR DEPT TO CORRECT FALSE INFORMATION.  Someone is not telling the truth, either Newgold or the brokerage firm (who may be talking the price down in order to pick up cheap shares.) Who knows?
Bullboard Posts