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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

Bullboard Posts
Post by buickgson Sep 28, 2010 2:56pm
473 Views
Post# 17502573

PoG & NGD

PoG & NGD
PoG today is is over $1300 and NGD at this price should be well over $10.00 under current conditions  (40% reduction on 15% assets).  Add current global and economic situations around the world with the collapsing US as a center piece and the price increases by at least 50% or to $15.00...REAL MONEY.  NOW...  the near future dictates PoG to be over $1600 by years end and the US to start a new war within the next 6-8 months which will reflect a 70% jump in the PoG.  Yup!   Give your head a shake and you are looking at well over $3000 for gold in the very near future.

About 3 years ago I said  " A firm $1200 or better in 2010 "  a lot disagreed ...some did not.

Best bet with highest leverage and lowest risk is NGD.WT.B   

disclosure...I own ngd,  ngd.a, ngd.b, ngd.c    plus many other gold and silver stocks and warrants.  I consider NGD to be one of the best plays at the best price with a collection of great warrants.

PLS  Study history  ( US will collapse soon ) and good luck . . .     Gold and Silver . . . . a must
Bullboard Posts