Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Sep 20, 2024 10:14pm
126 Views
Post# 36234344

RE:Price

RE:Price

Remember though that the miners always follow the price of gold but lag by about 6 months on avg.  Similar to history and very much to the last recird high in about 2008/2010 period.  

The explosive growth in the miners share prices made fortunes for those who had the patience to hold on

We are riding the next wave of the gold rush now that happens every 15 to 20 years.  Things are not stable in this world with USA elections, record deficits, huge debt loads, wars, inflation still here imo, printing presses about to start up again, recession is in fact here and the fact the fed lowered the interest rates by 50 bases points and not 25.  That's  a huge red flag that things are not well out there. 

Accumulate and keep your gold positions.  They will prosper.  Just like in every crises before.  Flock to safety 

<< Previous
Bullboard Posts
Next >>