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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 psych01on Apr 12, 2022 4:13pm
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Post# 34598152

New Gold Reports First Quarter Operational Results

New Gold Reports First Quarter Operational ResultsAs suspected, note payment news followed up by rather dismal Q1 production;  POG prevented selloff. imho overall financials will be more encouraging.  After paying off notes there's still a lot of cash from streaming sale; and NGD is buying high grade ore from Gold Mountain which might not be accounted for in the production numbers. IMO
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