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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 > balance sheet clean up?
View:
Post by biker222 on Apr 15, 2022 4:29pm

balance sheet clean up?

have held this for close to a decade...actually not just held, but bought when it tanked and traded to be in decent position. interestingly they have some nice positions in other small caps...but, methinks they are getting ready to be acquired.....bet thats where management gets their $$$ change of control and move on.  That means soon, someone will acquire with a small premium. just my thoughts.
biker
Comment by goldanalyst on Apr 21, 2022 10:44am
I sure hope so because we have just lost all our gains for the year in 3 days
Comment by Sage4Puck on Apr 26, 2022 11:47am
Biker, as a holder (but not so long as you) I do hope that this is not the case because I think we are only starting see how gold prices will behave in a scenario threatened by war and inflation. It will be the haven of choice.