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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

Bullboard Posts
Comment by btshooteron Dec 01, 2005 11:39pm
65 Views
Post# 9954728

RE: underground and mill

RE: underground and millthe next point: I dunno, a lot of questions and no one seems to have the answers, but the answers could determine how the entire afton camp turns out and whether I make money or not go to:https://www.amemining.com/s/Afton.asp look at claim map, notice that the structural corridors all run back to the afton pit. imho the afton mineralization could be the origins of all the lower grade surface expressions. if this is the case, as it appears to be, then ngd has the downward dipping high grade mineralized ore shoot, that brought all these showing into being, and may go down into the earth as far as a man can work = lots more ore. ame has the low grade, high cost deposits, here there and everywere, any evaluation that would occur in a takeover attempt would see ngd valued significantly higher. with the low share capitalization no dept and a very strong profit potential ngd will receive a much higher value. we’ve heard of one research report with a net present value of $750,000,000.00 on ngd if this is the case the value of the securities will greatly increase and you will make your money on a very strong investment backed by facts not stories. good luck bt.
Bullboard Posts