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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 > Mexican President proposes ban on open pits...
View:
Post by metalhead666 on Feb 17, 2024 11:14am

Mexican President proposes ban on open pits...

Would be excellent for NGD and other 1st world miners.  I would imagine it would ultimately take a lot of production offline.  Add New Golds improving production and massive drop in AISC over the next 2 years and we've got a winner
Comment by Paray99 on Feb 22, 2024 6:24pm
How lol? How we are going to be the winners, if Mexican president tells some BS?
Comment by metalhead666 on Feb 23, 2024 4:36am
There's a big movement in most of the world to end mining either by banning it or taxing it or protesting it until they shut down.  It makes Canadian projects all the more valuable and desireable.  Newmont mentioned it in their conference call...they know it's not safe to pour billions into 3d world unstable places. 
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