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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 Georgeboy11on Mar 12, 2012 9:01pm
591 Views
Post# 19660032

NGD has the money.....to spend....

NGD has the money.....to spend....

one of my best buddies' friends are working up at the Blackwater property where they have camp set up of about 400 people. And they have a rec centre @ the camp there for the workers!!  Obviously, NGD likes to take care of their employees, which is a sign of a great company!  Now, the one thing that's note worthy here is the fact that NGD knows that this rec centre will need to be demolished in the next 12 - 18 months as it has to give way to the mine...this, my friends, is a sign that NGD has money to spend!! 

(Absolutely, can't see why they won't be picking up v. DCY's Galaxy property in the future!)  George

Bullboard Posts