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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
Comment by chendiggleron Jun 22, 2011 3:04pm
348 Views
Post# 18751748

RE: RE: these warrants are a huge bargain

RE: RE: these warrants are a huge bargainIf someone told me that I was only allowed to own 1 security, this would be it. I fully expect these warrants to trade over $100 in the years to come, which sounds absurd today, but a 30-bagger doesn't seem unreasonable to me given where New Gold and Gold bullion are headed.
If you go back to the very early comments on this board, I was suggesting buying this warrant at .50 cents, that's a 5- bagger currently. Just to show you that this isn't band wagon jumping.
Bullboard Posts