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 > Snifffff New Gold is starting to smell very good!!!

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Comment by Ronbromleygrosson May 05, 2021 5:34pm

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Post# 33137256

RE:Snifffff New Gold is starting to smell very good!!!

I agree

The results were satisfactory. Hey they made a profit which is something to certainly build upon. You have to factor in that New Afton was down a bit too because of the accident that slowed down a bit of the production. These things happen so no big deal.

My guess is that the precious metals will resume their highs during the fall. I also sense a 10 to 20 percent pullback in the overall markets coming soon and I feel we could get the flight back to safety which will reward the gold and silver sectors. We could see gold surpass its previous highs of 2,100 by end of year. NGD should benefit from it.

Hang in everyone!

Ron