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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 BASTILLEDAY4Uon Jul 28, 2018 5:35pm
174 Views
Post# 28381633

RE:RE:RE:Blaming management

RE:RE:RE:Blaming managementMany good points, most these miners are so far in debt they have no choice but to sell the product at whatever price they can get, losses don't matter as they are handed to the shareholders, seldom do we hear of a canadian mining company closing the doors because they were losing too much money. When things get bad management pulls out the playbook and implements a solution always at cost to shareholders but still legal, the stench starts at the top with the tsx watch dog and goes all the way down to the lowest form of life, the stock forum pumper. 
Bullboard Posts