New Gold Inc T.NGD

Yikes

[goldanalyst]

you can't ignore that gold is getting absolutely hammered. Down $30+ as I type

Hard to invest in something that has been in a downtrend for a year while everything else has been going up!

[Ronbromleygross]

True However the harder they fall the bigger the rewards when the trend changes.   You can't invest or base your decisions on what is happening today or the last 12 months as you say. Gold has been around for 5,000 years and has been fought over through wars.  It is a "tangible" asset that requires blood, sweat and tears to produce.   That is why it has value and

[ITSUP2ME]

Delta = hold gold

[Reachme]

Keep in mind that Gold over $1600 is very good as many gold companies AISC are lower than that. I expect a jump to $2000+ for gold before the end of the year. New Gold share price should appreciate to $4+ and going over $5+.

[Reachme]

New Gold AISC All-in sustaining costs2 for the quarter were $1,551 per gold eq. ounce