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 > Expected manipulation

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Comment by Ronbromleygrosson Nov 23, 2020 3:08pm

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Post# 31954292

RE:RE:RE:RE:Expected manipulation

Artubus

I agree this is just a temporary pullback in the gold price and equities. Many people don't understand the repercussions of printing unlimited amounts of money does to fed balance sheets or false and inflated equity prices based on nothing but fed money. There are severe consequences to those actions.

I like your comment that NGD did a early redemption of $200m of notes not due back until 2025. They did this today?? Can you please share the link or backup to confirm this? I couldn't find it anywhere.

Very good news indeed and proves NGD's best days are coming up and are starting to gain traction. Good news will spread to the investing community like wildfire.

Thx for sharing

Ron