New Gold Inc T.NGD

Bank of America

[psych01]

As seen on Dow NGD--B of A, raising to USD $2.30---this time you do the math, but it's above $3 CAD

[tsoprano24]

Psych01, don't I remember you from BTR board. Looking into NGD. What's your thoughts? Only true gold stocks I have are Aris, old Gran Colombia, and MMY. Starting to look for more ideas. Saw write up on this on Seeking Alpha. Thanks T

[psych01]

Absolutely T.--who culd resist tangling with Team Europe, the amazing energy of TeamE's creator, his several incarnations---been a long time, I forget his original handle.  As to NGD, you know not to go by today's action if POG continues to pull back as it might well do after such a massive upturn---still lots of profit going on.  NGD imo is going to be about Q1 and Q2--all that&

[psych01]

T.---I see NGD took a hit but has bounced back, shows resiliency, lots of followers know the potential---as Goldnorte pointed out the B.C. mine produces a lot of copper;  also, now I remember, the Iluv saga, entertainment to be sure.  IMO

[tsoprano24]

Psych, yes the iluv/stupid one debacle at Btr. Company still doing PPs to keep paying management, so nothing changes. As to NGD, dipped my toe in the water this morning. Good article on Seeking Alpha this morning by Taylor Dart, who expects big jump in free cash flow in 2025/2026. But he also is looking for buy in price of US $1.33. I suppose if gold got smashed it could go there but I'm going

[greendayyyy]

I'm not worried about NGD. The management team has been doing an excellent job for over a year. I also hold GGD and EDR and GSVR in silver.

[auaghunter]

If you're looking for a great gold company in my opinion l would definitely research Alamos Gold.  This company could take off  it really could.  The island gold mine is really good. Great grades good AISC and expansion well underway which could bring down the costs at Island gold mine. All there mines are good. One in Mexico another in Ontario, Davidson mine and the Lynn lake

[psych01]

Au---Alamos is trying to do a deal with Argonaut, not finalized and if you dig into the details, research the history of AR, it's easy to see that AR has withheld material information, even disseminated false information about their Magino mine.  Dig deeper before giving advice, at least in this case.  IMO

[greendayyyy]

psych01..........I agree with you. I'm not wasting any more time talking about AR and AGI because I've had enough of this bad agreement. Good luck with your investment in AGI. Let's focus on the rise here of NGD.