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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 Oct 28, 2024 11:05am
124 Views
Post# 36284999

Why Why Why

Why Why Why Why is New Gold making deals with all these shady companies, Gold Mountain, Talisker, and Canadian Critical Minerals, they haul we process.  Is it because they grades being hauled are so good-No!, is it because New Afton has mucho reserve capacity sitting idle, who knows or is it because there is a major indigenous stakeholding in the shipping companies which New Gold wants to impress.  My concern is that New Gold is making too many commitments and might regret it as they need New Afton's full capacity to process ore from expansion developmental projects.  I suppose they've thought it through, hopoefully.  IMO
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