New Gold Inc Cda (NYSEMKT:NGD)
CAPS Rating:
The Company is a natural resource exploration and development company and has been engaged in the acquisition, exploration and development of natural resource properties since 1980.
RSS Headlines
Fool UK
Recs
The real move in the gold shares will probably happen in the first week of Oct. 2011, after the Sept. FOMC and COMEX related gold selling by the central banks ends. KWN reports strong Asian buying of gold below $1800, which suggests that a strong floor is now in place for gold's move higher next month. The HUI now appears to be moving higher, while gold and silver remain in their trading range. Good buy in points have already occurred in the last two weeks and will likely reappear next week.