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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

Post by psych01on Jan 28, 2021 9:23am
158 Views
Post# 32407923

Re:Look like some short covering to me on GOLD today

Re:Look like some short covering to me on GOLD todayIMHO--hedge funds have been hosing the little guy for decades, nefariously with everyone in the so called dark.  Redditt is doing their work under the spotlight, the only difference.  Either SEC will try and shut the activity down, regulate this type of activity out of business------or the big guys will figure out a way to fight back.  Going to be interesting.  What's going to happen when the panic selling happens, which it will.
           As to NGD buying ore, the details are available with a search.  IMO
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