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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 JonathanSteelon Mar 03, 2020 10:44am
81 Views
Post# 30760701

RE:RE:Another Irrational response by Mr. Market

RE:RE:Another Irrational response by Mr. Market***WOW** 500 basis point emergency rate cut in the USA this morning, surely Canada will have to follow. This additional stimulus will accomplish not much other than reduce some of the anxiety in the market in the short term as the Corona Virus news gets worse. The good news is this will drive the Savers to GOLD as they have just been sc****d over once again where the only place you can make money now is Gold as stocks have become too volatile as indicated by VIX which has risen to levels not seen since the 2008 crash.
Bullboard Posts