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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 gwron Mar 17, 2018 4:28pm
176 Views
Post# 27734261

RE:I am bullish on Gold in 2018

RE:I am bullish on Gold in 2018
I and bullish Newgold but make no mistake the medium size companies like Newgold and the Juniors will far outperform the majors in this present cycle. The majors are the main reason this cycle is having trouble picking up momentum as they severely damaged market confidence with poor management and lack of verbal support for the metal they sell as a result of being in bed and relying on the bullion banks. The majors need to cut those ties, rely on other sources of capital, get out of the loop they are in which kills the very product they sell.
Bullboard Posts