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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 Dec 15, 2021 12:46pm
251 Views
Post# 34233353

Re:Is it tax because of tax losss

Re:Is it tax because of tax losssTax loss?  I suppose some, but that cannot account for the slaughter, the carnage we're enduring.
      We don't get the whole 300M --taxes etc. but we still get a massive cash infusion to vastly improve the balance sheet.  I feel like I'm missing something big, but can't figure it out.  Could be some are skeptical about B.C. operations.  Anyway, not selling, just suffering quietly.  C'est la vie.  Good luck, we'll need it.  IMO
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