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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 Apr 02, 2012 8:54pm
261 Views
Post# 19750609

RE: Keg starts tomorrow...presentation @ 1: 50

RE: Keg starts tomorrow...presentation @ 1: 50

rh33333 commentary, respectfully,

 

History has shown that because a tract of land nearby a producing mine or alongside a projected future direction, well .... it can very well be, just simply that .... a simple tract of land ..... unless your friends can produce an National Instrument 43-101 " proven resource " at hand .

 

Now if you can convince the mine your mentioning ? to do that, ( we wouldn't want to have another Bre - X scandal  ) as that is why specifically,  the National Instrument 43-101 compliancy was established and introduced to the stock markets, then you'd have " many eyes " on it .... as that is considered the documented " proof "  for investors .

 

Until such a time as an NI 43-101 can be produced, by your friends, then without ?  " proof "  this mine you mention could ? simply be a piece of land nearby, without any provable value . This happens all the time in mining, but a National Instrument 43-101 seperates the wheat - from the chaffe or another way put, the truth from the fiction.

 

If they truly have something of value ? then don't you think ? they should .... Get ' R ' Done .

 

 

GoldBuyer

 

Bullboard Posts