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Bullboard - Stock Discussion Forum 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... see more

TSX:NGD - Post Discussion

New Gold Inc > We broke support @$1850
View:
Post by goldanalyst on Nov 23, 2020 10:00am

We broke support @$1850

like I was saying early $2-$2.20 looks like an awesome re-entry....just before gold hits it's 200-day moving average....getting close another $50 to go!!

GLTA
Comment by Ronbromleygross on Nov 23, 2020 10:59am
Hi Goldanalyst I couldn't resist and wait.  I bought another 3,000 shares at $2.50 about 1 week ago and another 3,000 shares today at $2.30cdn Continuing to average down my price. If NGD does get to $2, I will be sure to back up the truck and load er up.  Playing it safe for now and just buying small increments in case we have not hit the bottom yet.  I agree with your ...more