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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 Feb 13, 2019 11:03am
289 Views
Post# 29358032

RE:Rumours Flying

RE:Rumours Flying The former Randgold and now Barrick CEO has a strict policy that projects that are not profitable at current gold prices will not be considered for acquisition. My understanding is that Blackwater requires higher gold prices to be profitable. On the other hand, everything is for sale (or purchase) at the right price.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities