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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 > $$$
View:
Post by greendayyyy on Nov 11, 2024 9:04am

$$$

Since November 1, gold has already fallen by $160. I think we could lose another $150 before the next reversal. The price of mining shares could lose more than 20% in this fall. Where are the specialists who saw gold at $3,000 by the end of the year?
Comment by psych01 on Nov 12, 2024 12:45pm
It's not the end of the year yet, October and part of November $2700 USD POG, NGD likely has a gold selling committee who know what they're doing etc etc.  Don't be so pessimistic----good buying opportunity.  IMO
Comment by goldens on Nov 12, 2024 2:30pm
Trump euphoria will end and we will be back over $4. The only problem is that a lot of the big guys are probably flush with cash and we could be a sitting duck if we fall much further. Just my opinion
Comment by greendayyyy on Nov 13, 2024 11:34am
We've been in the red for several days. Where's the stop? With the dollar rising every day, it doesn't look good.  
Comment by psych01 on Nov 13, 2024 3:20pm
imho USD will have a bad day sooner than later, POG is spring loaded for that day---why? Trumphoria like all political phenomenon will subside as other realities remind traders and investors that he Trump is but a mere mortal, flawed as if we need reminding.  Putin is already on notice as are the ayatollas in Iran and Iran's proxies---on notice that their world is about to radically ...more  
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