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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 FastFFon Feb 23, 2020 11:33am
120 Views
Post# 30722682

RE:Shorts down 2/17/2020

RE:Shorts down 2/17/2020Suggest investors here do to things 1. Look at US short activity, which is more revelant, and had big increase in Jan. and 2. Put pumping idiots like goldwillrun on ignore.

Stock has a very attractive, low risk profile as higher gold removes debt risk. Only question now is can they fix RR this year? either way, strong gold moves up share price, but a fix means a huge move. I like set-ups like this. Buy and forget for the year, or, hopefully, 3.
Bullboard Posts