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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 goldbuyeron Jan 03, 2012 1:58pm
565 Views
Post# 19366249

As Gold Prices - Relate Today ....

As Gold Prices - Relate Today ....

So far, looks like " Gold " is a run as a safety hedge to foreign investors, after the Iranian General publicly stated : he is giving the U.S. a " once " only warning to stay out of the canal. This postering for position is back & forth and ongoing, as the world watches. 

 

Gold is up, thus far today, as relates to NGD and others, and Oil has also gone up, not surprisingly,  accordingly to the above news . The only upside today for investors, is ' Gold " seems to be the safety hedge, that foreign investment, is running to, as opposed to the American dollar .

 

Apparently Iran, does not appreciate the trade sanctions imposed on them, when they had decided to let the world know, they have implemented, Atomic knowledge. The result, Iran seeks to block off oil supply to the international community. The Iranian's General today, has stated, this is a "one time only " warning to the U.S. and our markets are certainly re-acting.

 

 

" GoldBuyer " 

 

 

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Bullboard Posts