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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
Post by papineauon Sep 13, 2018 8:12am
188 Views
Post# 28610585

They could make MIDAS himself CEO

They could make MIDAS himself CEOBut it won't put more nuggets in the ground or erase the huge debt.
it's not a good sign if they are willing to sell of some of their profitable mines to pay for their
least profitable one which is RAINEY RIVER.  So these rumours about a potential buyer and installing another CEO might give it some juice for a few days but I'm not sure that I'm willing to get back in.

Regards
Bullboard Posts

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