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

New Gold Inc

Bullboard Posts

Comment by gravityzoneon Sep 21, 2010 9:17am

435 Views

Post# 17472769

RE: NGD gone from GDXJ

Thanks Sky, that does explain last week's selling and the reason that GDXJ no longer has NGD appears to be related to Market Cap - I poached this from another board:

Now that NGD Mkt.Cap is 2.5b
https://www.vaneck.com/funds/GDXJ.aspx
Index Market Capitalization
As of June 30, 2010
LARGE (>5.0B) 0.0%
MEDIUM (1.0 - 5.0B) 52.4%
SMALL (0.2 -1.0B) 46.2%
MICRO (<.2B) 1.4%

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario