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New Gold Inc T.NGD

Alternate Symbol(s):  NGD

Consumer Cyclical Metals & Mining Home Furnishings & Fixtures Gold
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

New Gold Inc
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Comment by grape562000on Oct 05, 2018 11:09am
303 Views
Post# 28752040

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Ouch - reason for high volume big percentage drop?

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Ouch - reason for high volume big percentage drop?I anticipate a cash rich company with too few assets merging with NGD. Rainy River and Blackwater are good assets. NGD's cash position and the current trough in the gold price mining cycle are the issues. A merger of this type would be a win-win in my opinion.
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Dealroom for high-potential pre-IPO opportunities