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Bullboard - Stock Discussion Forum 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... see more

TSX:NGD - Post Discussion

New Gold Inc > Stock price falling hard
View:
Post by GETURDONE on Jan 09, 2021 1:55am

Stock price falling hard

Time to stand back and watch this fall glad I took profits off the table last week. Good luck
Comment by goldanalyst on Jan 09, 2021 9:00am
You sound like a really good market timer...as for me I've been accumulating this stock since it was below a dollar....I don't sell shares in companies that I know have a bright future and this recent drop in the SP is not a company related issue...on the contrary the company has never been in better shape....When people like you post about how perfect their timing is I am reminded of a ...more  
Comment by GETURDONE on Jan 09, 2021 12:13pm
I also accumulated under a buck but technicals don't lie ....buy low sell high Watch as sp over the next few weeks go lower you'll wish you sold!!!
Comment by goldanalyst on Jan 09, 2021 2:33pm
Well I guess you earned a block congrats!! You contribute nothing whatsoever to my understanding of the stock market or this stock. Zip, Zilch, Zero
Comment by wolfe1 on Jan 09, 2021 12:40pm
I don't think anyone knows what the share price will do in the short term, likely to follow the POG. Longer term I see lots of upside potential GLTAL
Comment by Ronbromleygross on Jan 09, 2021 2:41pm
I am in the "goldanalyst" camp I find I hard to believe that gold that has been around for over 5000 years is just going to suddenly disappear because Bitcoin has suddenly been moving higher at breakneck and warp speed?   Bitcoin is nothing more than a "fad" that will catch the greedy and unprepared off track and destroy their wealth.    Remember folks   ...more  
Comment by wolfe1 on Jan 09, 2021 2:57pm
I agree with you, mostly. Remember the trend is you friend and many trader do well using trends and momentum, this as their primary indicators. Personally I like to see the supportive fundementals as well W
Comment by Kylemcc10 on Jan 09, 2021 5:19pm
I personally don't look at it as one or the other. I'm bullish on blockchain technology and gold. (Even more so silver). Crypto is definitely getting the spotlight right now but we'll see how long it lasts. I personally own both and crypto is blowing everything out of the water. Is what it is. Follow the money and manage your risk. 
Comment by Paray99 on Jan 10, 2021 1:58pm
Good point. I agree with the BS BTC. Real people want to see it fall!
Comment by rmorrow99 on Jan 10, 2021 4:15pm
This post has been removed in accordance with Community Policy
Comment by GETURDONE on Jan 10, 2021 11:13pm
Should be lots of weak hands this week ....seeing sp bottom dropping out. 2.40 tomorrow maybe with lower expectations for the rest of week
Comment by Ronbromleygross on Jan 11, 2021 1:06pm
Bye bye Bitcoin! Just days after my weekend post.  Pay attention Grapphopoer! Stick with the tried and true investments that have been around for thousands of years.  (Gold!)!!!       Bitcoin Plunge Deepens Beyond 20%, Shaking Faith in Crypto Boom Eric Lam and Olivia Raimonde Mon, January 11, 2021, 12:52 PM EST ·3 min read  ...more  
Comment by GETURDONE on Jan 11, 2021 3:57pm
More like bye bye NGD As the week goes by the rats will be fleeing from the sinking ship
Comment by Ronbromleygross on Jan 11, 2021 4:17pm
I will gladly buy NGD on any significant dips than I would Bitcoin.  NGD has value and will by much higher.  There are good tailwinds for NGD to be much higher in 2021 and beyond.   Reasons many have already disclosed here.   Sorry but I just don't see how Bitcoin can sustain these ridiculous big and sudden moves like this in such a very short period of time.  That ...more  
Comment by GETURDONE on Jan 12, 2021 11:20am
The Sh!t is hitting the fan now ....once the dust settles probably a 2.00 stock price from 3.00 ouch Sad actually
Comment by Ronbromleygross on Jan 12, 2021 12:14pm
Buy Buy Buy we welcome the cheap prices.  Sell your shares if you have any.  If you don't then why are you here???- lololo Ron 
Comment by GETURDONE on Jan 12, 2021 1:12pm
Sold at 3.01...lol Why oh why would you buy something that is overvalued in my opinion. I've got a screen with 10 picks and the only red one is this POS
Comment by Born2Struggle2 on Jan 13, 2021 11:14am
Congrats 2 U - never hurts to take a profit - RULE 1 I do point out the following as a counter point to your more negative comments: Morning Star rates NGD at 3 stars, Barrick at 1, Kinross at 2, Newmont 1, Agnico 1, HEP at 3 GLTA - B2S2
Comment by GETURDONE on Jan 13, 2021 12:57pm
You're judging this off of morning star .....lmao I've seen over the years high ratings from morning star on different companies and they are the worse performers Give your head a shake!!!
Comment by Ronbromleygross on Jan 13, 2021 2:56pm
Gertrude Your  post from yesterday said you sold your shares at $3.01?  That is only .04 cents from NGD's 52 week high of $3.05 achieved a few weeks ago.  Yet you still call this a POS investment?   Anyone who was smart enough to time and exit at that point (for now) with pinpoint precision I give them full credit for doing so.  If you did sell all your shares ...more  
Comment by Born2Struggle2 on Jan 13, 2021 3:09pm
@GET... There are many reasons for seeing upside in NGD share price - U underestimate us all if u think that is our sole measure of quality, morningstar is just a confirming event. I could bore everybody and list the reasons but choose not  to, just as U have not given a single reason as to why U see NGD negatively. All U have is an opinion. It's more likely that U bought at 3.01, are ...more  
Comment by GETURDONE on Jan 13, 2021 3:55pm
Looks like my target for 2.40 by end of week is realistic but what do I know :-)
Comment by mlb11 on Jan 13, 2021 4:12pm
CAD or USD?
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