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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 canneon Jun 13, 2018 6:35pm
283 Views
Post# 28168763

reputation

reputationI have a feeling that the shine is off of NGD and we are in for a long period of mediocre performance as management tries to bring some enthusiasm back to the name, they have a tough road to follow as the debt is high and the RR project is not living up to expectation. They have to think about Blackstone but it is another costly project. Someone said they should just make an acquisition but paying for it without handing present shareholders a "got shafted" card would be tricky indeed. Whatever reputation this company had had has been tarnished and it is now a show me investment.
Bullboard Posts