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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

Comment by metalhead666on Feb 29, 2024 2:26pm
158 Views
Post# 35907182

RE:☆☆☆☆ SMART MONEY ☆☆☆☆

RE:☆☆☆☆ SMART MONEY ☆☆☆☆I am. I don't know of a better bet.  Copper and Gold with production of both going way up while all in costs getting cut in half.  Far more predictable than a junior developer with far less risk for an actual "growth" story. The margins they will have on both copper and gold in 2 years will be off the charts. Best risk/reward play out there.  I like Skeena as well and Troilus as a dirt cheap spec play but NGD is my biggest holding and the one I have the most confidence in.
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