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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

Comment by Born2Struggle2on Dec 17, 2020 12:14pm
414 Views
Post# 32128702

RE:NGD could hit a new 52 week high today...

RE:NGD could hit a new 52 week high today...ALSO...

Tax loss selling ends on 29 Dec and as we have passed into the $3 range, investors shouldn't be hammering on NGD as over the last few years most investors are looking at gains - imo.

The hedge is about to disappear and profits will be fully exposed to the rising price of gold which is now in a season of seasonal strength. 

TA of the price of gold is indicating a rise to $2600 per oz in the next couple of months.

TA of the stock price itself is forecasting $3.40 before the next break - sometime in Feb.

both fundamentals and TA are aligning IMO. A double from here?

best u don't listen to me, do your own due diligence and ..

GLTA of us B2S2


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