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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 AngelEyes3on Nov 08, 2012 11:56am
410 Views
Post# 20576795

The rumours might be true

The rumours might be true

These senior notes will give NGD the cash they require for a take out of AUQ. I have been hearing rumours of the take out of AUQ by NGD last week. They state these notes are for general administration but they have enough cash on had for this already. I think it might be for a take over. Just my opinion because I am basing this on what I have been hearing and I do not have any hard evidence otherwise 

Bullboard Posts