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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 Broker49on Jul 28, 2015 9:45pm
181 Views
Post# 23969867

RE:quarterly report

RE:quarterly report
You seem quite negative about everything to do with NGD. For the record, the short position is down 498,098 shares or 5.8% as of July 15 2015 from June 30 2015, as posted in a news release July 24 2015 by the Financial Industry Regulatory Authority (FINRA). I would be worried to short a stock beaten down to this level the smart money has been made in shorting it, and the risk reward looks very promising in owning NGD now. Broker49
Bullboard Posts