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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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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 > Gold Mountain is a Clown Show
View:
Post by psych01 on Oct 26, 2024 9:55pm

Gold Mountain is a Clown Show

Who cares what Gold Mountain does---it is a joke.

Highlights for the three months ended July 31, 2024

  • Gold sales of 114oz from 3,877 tonnes delivered grading at an average of 1.25 g/t

  • The Company recorded revenue of $105,012 at an average realized gold price1 of $897 (US$658) per ounce of gold sold

  • Mine operating loss of $1,167,618

  • Net loss of $2,171,099 or $0.00 per share (basic) during Q2 2025

  • Adjusted EBITDA1 of ($1,337,101)

  • Total Cash Costs1 per ounce sold of $10,041

  • The strip ratio of 22.8 in Q2 2025

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New Gold Inc