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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 wellwellwellon Apr 29, 2020 7:08pm
163 Views
Post# 30968975

RE:Not good, more loss, sold today

RE:Not good, more loss, sold today Bravo. Title of the article is:

4/29/20

New Gold (NGD)'s "gold equivalent" is an insult to the intelligence

https://incakolanews.blogspot.com/2020/04/new-gold-ngds-gold-equivalent-is-insult.html

I
n some jurisdictions it is/was ILLEGAL to report resources in terms of "gold equivalent"...because, folks, COPPER IS NOT GOLD !! 

and, as shown before ( when ya'll were harking NGD as a super bargoon at $1.60, new Afton Mine is NOT a gold mine; it is merely a COPPER MINE having accessory contribution of gold...there's a big difference.  Of course it helps mis-shaping the public's perception of the mine as a gold mine that it is not if one can add nearly 10,000 oz of mythical gold production as gold equivalent ounces... but that's not very straight up is it, R?
Bullboard Posts