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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 pierre013on May 25, 2017 12:32pm
200 Views
Post# 26283331

RE:We need boots on the ground

RE:We need boots on the groundSorry Papineau, but boots on the ground won't be very helpful because the information from people who are not really in the know are oftenbased on rumors. In a start-up phase (commissionning), plentyof little problems happened and that's normal but people tends to overshoot these problems. I worked on 2 major aluminium plant projects (billions involved) and the answer is at the very end when everything is running smooth. It takes between 6 months to a year of rodage to come at full potential.So in the case of RR project, I think that we'll see improvements quarter after quarter starting by the beginning of 2018 and a smooth operation occuring in the 3rd or 4th quarter of 2018.
Bullboard Posts