Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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
Post by papineauon Dec 14, 2017 8:26am
94 Views
Post# 27154203

Thank you for the opinions

Thank you for the opinionsWe are basically working in an information vacuum here.  We all know what happens when this company under delivers. Last Jan we were hammered down from about $5.50 to $ 3.11 in a couple of days.  They had better deliver on promises this time around or else.  Maybe the short sellers are preying on shareholder uncertainty.  Now,if the company delivers, the shorters will have to cover and it may enhance the recovery in the share price.  I have no doubt about the volume of ore they are processing but the more they have to process the greater the expense per gram of gold.  We have to just hope that there is enough gold in the ore and none of us here know what that is.  I was just hoping my post might have prompted some responses from someone in Fort Frances or the mine site about what they are finding.

I was tempted to add to my position at around $3.80 but I'm not sure where the bottom is. I hope this is it.

The devils advocate
Bullboard Posts

USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse