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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 psych01on Aug 24, 2024 11:54am
182 Views
Post# 36194638

RE:RE:RE:DJ New Gold Inc. Price Target Raised to C$4.50/Share From C$

RE:RE:RE:DJ New Gold Inc. Price Target Raised to C$4.50/Share From C$Duly marked Ron----you're saying that if Newmont and Barrick--any would be buyer of NGD are not already astute that they should become astute and get us while the gettin's good.  I suspect they are already astute.  NGD would not be acquired by them on the basis of magnitude, more likely perceived by them as a moderate hedge given other operations in politically volatile jurisdictions.  Being in Canada is the singular plus, potential for expansion of both mines will probably be the deciding factor as they contemplate whether it's worthwhile.  IMO
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