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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 Ronbromleygrosson Aug 17, 2024 7:33pm
143 Views
Post# 36184537

RE:Many suitors for this undervalued gold and copper company.

RE:Many suitors for this undervalued gold and copper company.

I see a 75 to 100 percent upside.  There are not many small to mid size gold companies producing decent amount of gold and silver and copper.   Many companies have losses or issues operating in foreign jurisdictions.  NGD has 2 mines in Canada about as safe as you can get.   

We will get a few offers imo with competing bids.  

Happens by eoy 2024 imo.  The large producers  will want to lock up NGD's reserves before the gold price really takes off.  The train is already leaving the station. 

 

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