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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 vectorcanon Jun 19, 2019 10:13am
134 Views
Post# 29839673

RE:RE:RE:RE:RE:RE:High Volume

RE:RE:RE:RE:RE:RE:High Volume US houses obviously shorted the stock after the NR on removal from Composite Index.  That explains massive volume last two days on the US exchange.The way it's trading this AM, looks like they may cover shorts and go long. If the Fed cuts raises or is dovish this afternoon, should have a nice short covering rally and be back up to a buck.
Bullboard Posts