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Bullboard - Stock Discussion Forum New Gold Inc T.NGD

Alternate Symbol(s):  NGD

Consumer Cyclical Metals & Mining Home Furnishings & Fixtures Gold
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 > Confidence in NGD
View:
Comment by psych01 on Aug 02, 2024 6:26pm
If today is an example of confidence, give me skepticism---what the heck happened?  All the conditions for gold to go up and it goes down, dragging NGD more than others.  I guess we just rack it up to the generalized selling pressure, people bailing whatever.  We'll be back, no worries.  IMO
Comment by Ronbromleygross on Aug 03, 2024 9:38pm
Nice to see the great ER from NGD.  Very impressive.  They finally turned the corner imo.  New CFO, great earnings beat, generating fcf, etc increasing production second half 2024, decreasing cost of production, buying back the teachers pension portion at new afton, gold price increasing over $2,500, interest rates coming down sept 2024 in the USA, debt crises at unprecedented ...more  
Comment by psych01 on Aug 04, 2024 1:05pm
R. great summer reading---have to admire your tenacity, agree you will be rewarded well by end of year; quite the different landscape than the last glory days for gold miners but as you point out better conditions loom, last Friday not going to be an anomolie but a signal of a trend. To a great extent we live in an ethereal cyberworld and the hens are coming home to roost---gold is gold, it's ...more  
New Gold Inc
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