New Gold Inc T.NGD

DJ New Gold Inc. Price Target Raised to C$4.50/Share From C$

[psych01]

$5---or acquired by a major by eoyimho-------reiterate, if they stay away from lunatic decisions like 
getting involved in Victoria Gold cyanide cleanup; something like that could derail a perfectly good journey to success.  IMO

[psych01]

08.21.24 Buy Maintained Jeremy Hoy Canaccord Genuity 4.7 star rating $4.50

[psych01]

Osisko went up nearly $2 after buyout announcement; NGD has a lot more shares so speculate a $1dollar pop is bought out---we will do another dollar before year end anyway imo    IMO

[Ronbromleygross]

I see it differently.   If you think we move up $1 on a buyout that equates to only a 27 percent premium to todays share price on the tsx.  An astute buyer would already know that NGD's past problems and issues are behind them and they are now on the upswing.  With each forward ER, the results should get better and better.  An astute buyer would already know that and would

[psych01]

Duly marked Ron----you're saying that if Newmont and Barrick--any would be buyer of NGD are not already astute that they should become astute and get us while the gettin's good.  I suspect they are already astute.  NGD would not be acquired by them on the basis of magnitude, more likely perceived by them as a moderate hedge given other operations in politically volatile

[drweath]

i am more intriqued by the opportuntiy with equinox.....just completed Greenstone in ontario....400 000 a year mine. The guy that put this piece together is also sitting on the board of ngd ( christian m). he knows that property and area like the back of his hand. Whats the multiple that a solid canadian producer - no jurustiction risk- tsx listed).   get rid of the brazilain assets