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Northstar Signs MOU to Mine High Grade Zone 2 at Cam Copper Mine (click to learn more)
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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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(2)
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Post by papineauon Sep 30, 2016 9:57am
240 Views
Post# 25294515

Miners not moving with gold

Miners not moving with goldGold went from $1313 on Sept 18 to $1346 on Sept 22.  During that period most of the miners went done or stayed flat.  Eg NGD K ELD YRI.  Do their moves precede or follow the price of bullion?  

All ll opinions welcome.  Also what is holding back NGD?  When will the effect of the tailings pond over runs become moot?
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities
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