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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 goldbuyeron Dec 29, 2011 1:34am
637 Views
Post# 19356113

RE: GoldBuyer: Positive NR for NGD's Direct Neighb

RE: GoldBuyer: Positive NR for NGD's Direct Neighb

The answer is Yes Midas, unless you consider this an excellent entry point before those 90 days, you mention.

 

 

The only reason I shared that email content, on this NGD bb, is because that both these mines, share the even bigger piece of real estate, that both these mines make up and encompass. It's related dd regarding NGD, in that who knows, if ? old saying, " whats good for the goose is also good for the gander "

 

 

Imho, the golden goose = NGD is first and established, ( bragging rights ) with Big things yet to come, which will be the 2012 opening of the Afton Mine, then if this gander = KGHM backed AME ... clears the hurdle ( federal panel review was cancelled and instead Peter Kent from Ottawa is coming to Kamloops )  my money, say's it will clear, then this is a good entry point in NGD's neighbor, all be it, this last hurdle & the 90 days for KGHM must clear .

 

 

If so, ( I am invested in both mines ) then the established golden goose = NGD's neighbor, AME, may have ?

 

 

Big $$$$$$ returns coming . ( I am betting on it ) , I call this risk management, and I am willing to balance my NGD portfolio holdings with the NGD neighbor, AME holding much promise, imo .  Each to their own, when it comes to your money and of course, your own risk management, level .

 

This situation would be incredibly good for both mines, as all eyes would be on Kamloops, B.C. as a geological bonanza . Investor confidence in Kamloops will sell plenty of shares, for both NGD and AME, and for a long time to come, imo . I speak only of these two mines, specifically, on my radar.  I have done no " dd " on any others .

 

 

" GoldBuyer "

 

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