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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 Dragonflyinveston Aug 07, 2018 2:16am
110 Views
Post# 28419461

RE:RE:"what will happen if the stock markets start to fall ...

RE:RE:"what will happen if the stock markets start to fall ..."What I am saying is that price has yet to show any indication of an upturn. Lower highs and lower lows continue."

Ah, you speak of a trend reversal, and yes, you are correct that a new uptrend is not evident on the charts. What I am saying is that there are other less obvious indicators that suggest a potential for a gold revival, which is dependent upon a weakening of the US$, and that is dependent upon what the government does over the next few months, and who knows what that will be?

b.
Bullboard Posts