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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

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Post by biker222on May 10, 2021 5:34pm
259 Views
Post# 33170238

artemis getting bought deal

artemis getting bought dealnice to see the artemis bought deal...meaning they make the 50 million second payment to ngd and can start to build a mine. 

proof that the cash flow profitable new gold with hedged bets in further production and royalty stream.....not to hard to see where this is going as POG rises...nice leverage. 

doing some back of envelope calcs and new gold is nicely leveraged to inflation and rising gold price
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