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.

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New Gold Inc

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Comment by NastyCaton Sep 23, 2020 7:30pm

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Post# 31608902

RE:RE:RE:RE:Seems very extreme

Thanks for the input. The immediate short-term outlook looks very scary. This has been one of the most aggressive one-day sell-offs in precious metals that we have seen in that it affected the stocks to such an extreme degree. Silver already down another .68 after market close. It's hard to digest. A recovery could be a ways off with potentially more downside.

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