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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 > Can you guys imagine where NGD's share price would be if
View:
Post by therookie87 on Sep 22, 2024 2:48pm

Can you guys imagine where NGD's share price would be if

they had held on to the Blackwater mine???  v.ARTG is @ $13.50 and looking to move much higher for a take out price of $25 - $30 conservatively speaking as $38-$40 would be the realistic price!
NGD having seller remorse now???
Comment by greendayyyy on Sep 23, 2024 7:22am
Rather, I believe they made the right decision in 2020. This company had been going nowhere for years with a disastrous balance sheet. With the sale of blackwater, they strengthened their balance sheet with an upfront cash payment so they could concentrate on their two projects, New Afton and Rainy River. Today, after four long years, the company is in better shape, and we're finally seeing ...more