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 jailtraderon Nov 02, 2012 1:22pm

325 Views

Post# 20555847

RE: RE: ngd

SkyeCairns

Very astute reply in that the market has taken just a hair short of 10% of the share price today. I added a little to early, @ $10.92, as NGD has a habit of bouncing of the days low and then recovers over the next several sessions.

Until recently it had an excellent trading range of lower lows and higher highs and I suspect this is why the daily trading volume is always good. Should be an interesting close today.

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