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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 greendayyyyon Sep 23, 2024 7:22am
132 Views
Post# 36235958

RE:Can you guys imagine where NGD's share price would be if

RE:Can you guys imagine where NGD's share price would be if
Rather, I believe they made the right decision in 2020. This company had been going nowhere for years with a disastrous balance sheet. With the sale of blackwater, they strengthened their balance sheet with an upfront cash payment so they could concentrate on their two projects, New Afton and Rainy River. Today, after four long years, the company is in better shape, and we're finally seeing positive progress. How would the company have fared with Covid knocking on the door? Maybe I wouldn't be writing this this morning.
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