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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 _Highlander_on Jul 03, 2019 12:01pm
105 Views
Post# 29883476

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Analysts

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Analysts
Any money easing will keep equities going, but its fake, equites are dire need of a correction but the powers wont allow that, so the next round of QE will keep them going,  However when the correction occurs it will be brutal.  NGD hasnt even corrected with gold yet, its still sitting in a range it was when gold was 1275,  when new production numbers come out, and it will likley be bumped back into the tsx composite index, as it holds over a dollar, then the funds have to buy it back at a premium of course.
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