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New Gold Inc T.NGD

Alternate Symbol(s):  NGD

Consumer Cyclical Metals & Mining Home Furnishings & Fixtures Gold
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

New Gold Inc
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Post by frky_dkyon Mar 05, 2009 9:15am
368 Views
Post# 15822286

Time to buy in again

Time to buy in againI enjoyed the run up with all the talk of merger between wgi and ngd. Got out at the highs when I saw NGD coming down and wgi going up. I wonder if that was to minimize the premium being paid to wgi? Regardless this IMO is an $8.00 stock that should jump to 3.50 in heart beat once the deal settles in. I'm sorry for those who held on to long with wgi, the pull back was less than the premium and WGI had a better LT story than the value given IMO however together I expect a serious run up and nice returns for NGD.

Gold up today time to buy.

FD
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities