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New Gold Inc T.NGD

Alternate Symbol(s):  NGD

Consumer Cyclical Metals & Mining Home Furnishings & Fixtures Gold
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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Post by jims101on Aug 03, 2013 12:37am
399 Views
Post# 21648021

Weak close Friday, hmmm

Weak close Friday, hmmm
There isn't much profit margin at these prices for gold so I suppose that's the reason for the loss of faith here in the short run...We are in August now and I am reminded this is the seasonally best time to buy...Suspect a chance to reload or add will come in the mid $6s, if Friday"s action is any indication.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities