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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 Sep 04, 2024 10:11am
297 Views
Post# 36207867

Acquisition of NGD by a Major Before Q3 Results

Acquisition of NGD by a Major Before Q3 Resultsimho, good prospects for being bought before Q3; post Q3, should POG remain relatively stable, FCF and other positives should drive SP over $4, starting to get a bit expensive for buyer because of outstanding share count.  Don't be surprised if we get absorbed,  IMO
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