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.

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New Gold Inc

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Comment by BASTILLEDAY4Uon Feb 09, 2018 8:55am

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Post# 27532229

RE:RE:RE:RE:RE:RE:More kitchen table math again

That is correct papineau, in my first calculation I used 160,000 ounces per year more reflective of current numbers. In my second calculation, their number of 325,000 was used, if my numbers are even close, they need $250 per ounce profit for this to be profitable.

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