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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 Feb 11, 2021 10:45pm
3008 Views
Post# 32549044

Re:RE:200 ma tested again

Re:RE:200 ma tested againUtter nonsense negatory nerds.  There was a true tragedy at New Afton and there will be some delays as investigations continue.
       But if you take the time to read and have the ability to infer, the mine will be operating at as near capacity as possible with stockpiles etc. Rainy River is going to improve for the reason clearly outlined.   Cash position and credit facility in good order. A huge payment comes due from Blackwater sale in August.
         POG will rise sooner than later with money printing and USD becoming more and more worthless.  The Fed will stay the course for two more years. etc etc.  Big buying day tomorrow.  IMO
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