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New Gold Inc T.NGD

Alternate Symbol(s):  NGD

New Gold Inc. is a Canadian intermediate gold mining company with a portfolio of two core producing assets in Canada, namely the Rainy River gold mine and the New Afton copper-gold mine. The Company also holds other Canadian-focused investments. The Company is engaged in the acquisition, exploration and development of natural resource properties. Rainy River is a gold mine located in Northwestern Ontario, Canada, approximately 65 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.


TSX:NGD - Post by User

Bullboard Posts
Comment by papineauon Oct 02, 2017 10:05am
245 Views
Post# 26765890

RE:NGD receives new buy rating...

RE:NGD receives new buy rating...Emailed IR and told them that Credit Suisse had made a large error in their upgrade.  Hannes Portman says mining rates of 135ktpd now while CS says 15.6ktpd next year.  I suggested to IR that they contact CS and tell them to correct their news release.  CS is confusing mining rates with processing rates. 
I hope that it is rectified since that a huge mistake.  Too many wet behind the ears MBAs working as analysts.

Regards
Bullboard Posts

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