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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 ironbound1on Aug 30, 2018 7:25pm
367 Views
Post# 28546070

You guys have no idea what you’re talking about

You guys have no idea what you’re talking aboutThe mine has been producing for 11 months,
Most mines take at least a couple years to work out the kinks
especially in the plant,
a lot of muck is being moved, a lot, and 5 new komatsu 830e’s are about to be put into service,
yes there is a lot of overburden that has to be moved as well, that is being methodically 
removed.
Tailings is still under construction as well,
the Ontario mining environmental laws have changed 
and its costing the company big bux,
things are going well though, 
things are getting better and this project is still going to make a lot of money.

oh and the underground portal is started.
things are still full speed ahead..
Bullboard Posts