New Gold Inc Cda (NYSEMKT:NGD)
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.
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Too much of a beating due to gold price drop to justify such a big drop. Exploration locations are in low risk areas. Financials look good
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NGD's recent Blackwater Prelim engineering report shows 580k ounces of gold in first 5 years at a cost of less than $500 an ounce. $1100 an ounce margin on 580k ounces and more gold is being found. That's $638M if gold is $1700 an ounce. What happens if gold hits $2k due to money printing by practically every central bank in the world? New Aston quickly entered production in August of 201 and is contributing to earnings. With Blackwater and the other mines, 1.3M ounces of production in the next 4 years. Based on these estimates, the company is worth a lot more than it's current market value.
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Simply awful policies by the Federal Reserve Bank and some of the worst self serving politicians in the world
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Undervalued gold, undervalued company
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New mine coming into production will double cashflow in 2012.
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New gold inc. doody pick
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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.
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Solid little junior gold miner/producer ...will probably be acquired.
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Low cost gold producer...Don't see gold going below $400, do you?
India, is getting into its wedding season and their brides sure do look pretty wearing this yellow shiny stuff. As more families are getting wealthier by the year expect gold to be in high demand.
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Newgold has had a good run,but I think that there is still gas in the tank.
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New Gold Solid Company has strong management and strong financial position. 2011 looks like a promising year for gold
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Price of gold is rising so much and this com[pany is producing it at a low cost it is a buy at this price again a $30 stock in a few years.
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What do ya'll think of 2017 warrants? strke price $15 ?
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Remember gold does not go up in dollars, The dollar goes down. = more dollars to buy gold.
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Continued wekness in the dollar will only move gold higher,sinificant exposure to copper as well
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A nice junior miner. It has excellent growth prospects. Good management. Part of a diversified portfolio.
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Should benefit from anticipated rise in the gold price.
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The very best management in Gold mining.
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Hedge against coming melt-down in non-commodities and non-PM stocks
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