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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 agoldbloomon Feb 02, 2017 4:07pm
374 Views
Post# 25791641

potential take out?

potential take out?https://www.bnn.ca/video/capital-costs-increase-at-rainy-river~948030

An older bnn vid with Randall.  My gut feeling is that hiccups happen....but in the bigger picture - new mine, almost doubling production as a result of bringing it on stream, friendly jurisdiction - it looks like if the senior gold companies want a quick add-on acquisition.....new gold will become a target, add on any potential reserves from their project in BC....things could get interesting.
Bullboard Posts