Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 wellwellwellon Dec 29, 2019 12:22pm
140 Views
Post# 30498794

RE:RE:RE:RE:Mr. GWR: Inuendo and Name-calling... have any facts instead?

RE:RE:RE:RE:Mr. GWR: Inuendo and Name-calling... have any facts instead?No problem, B2S2...Take it as you wish; do some of your own digging. The shareholders and investing Public deserve to be plainly and timely informed of adverse info/circumstances by the company itself, not served minimal and/or incomplete info that is spun and/or cloaked in order to give an impression that is corporately self-serving, only.
  
Proving up ore de facto on a mere daily basis only by moment by moment production, ie after the fact, is precisly my point regarding confidence in future production in connection with the pump regarding New Gold as a "take over target" ... without Proven Ore reserves to relie on who would pay any decent price for an op that is making it only day by day? 

The market speaks for itself despite the PR NGD puts out. Just look at the share price history very steady and very hurtful decline. Despite the very healthy nearly 30% rise in the gold price during the past few years NGD is approaching nearly an all time low, with the only thing, apparently, keeping it from crashing thru that all time low being the recent increase in the gold/copper price. 

Truly I feel sorry for bagholders who held on during this decline because, in part, they were misinformed or not allowed to plainly see adverse info which is nearly never forcoming from NGD itself and is instead glossed over, inappropriately spun or outright omitted. 

I guess I am just allergic to that approach to doing business by a publicly traded company. IMHO, the old adage "Buyer Beware" certainly applies here to a greater degree than one should expect from a publicly traded company.
Bullboard Posts