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

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Comment by Georgeboy11on Aug 06, 2011 11:06pm

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Post# 18912840

RE: Goldbuyer's Thoughts This Week-End

GoldBuyer, you're absolutely bang on with this thought here:

NGD is going to hold their own in good or bad, because
of the current management team, and that they are well positioned, with Afton Mine, B.C. being the next
all star performer.

v.DCY is going to benefit from what NGD does with their Afton Mine!! DCY has property less than 10 kms from this mine and it doesn't take a rocket scientist to figure this out that sooner or later, NGD's going to make a run for DCY!!

What's good for NGD is going to bode well for DCY. Remember, Richfield Ventures was only less than 10 cents about two years ago...did you guys ever think that NGD was going to take that over? DCY would be the logical next takeover target for NGD!!

Cheers. George

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