New Gold Inc Cda (AMEX:NGD)

good acquisition mgold mining stock ( in friendly countries). This was the marriage of two Junior miners and has good EPS and cost results.

ngd

Because Peter Schiff likes gold, and he's wrong.

outperform

well capitalized with great management team

limited debt huge holdings.....

inflation

junior miner. Gold exposure. Using this as a hedge

I expect it to bounce up. I own in real life. I am thinking about adding a lot more.

Jstegma's (99.82 rating) pitch on ABX. I reprint it here, "There is a lot of dumb money in gold. The same sort of people who bought into the dot-com boom in 1999 and bought into the housing boom in 2006 and believed oil was going to $500 a barrel last summer.

Now it looks like oil is going to $5 a barrel and gold is going to $5000. Or maybe my friends the "dumb money" will continue their streak of idiotic rallies that end in tears."

Good management, recently slowed down development until credit situation return to normal.

Also, buying back dept at deep discount.

Should do well in the long run.

New Gold has been beaten down as if it were an explorer, but it has current production and has strong growth in the pipeline. The management team is also strong. This is currently my largest holding.

One thing to note is that since gold is now rising in value relative to everything else (such as energy), NGD's profit margins are now increasing considerably. In other words, NGD can do very well even if gold and silver stagnate or even fall slightly.

i like

"During this market overhaul investing in Gold currency is a good option when exploring expontential values buying Gold coins values at change is exactly overhaul."

let's see... +100% today, Im guessing it cant last.

~Phoenix Specter

+

3 to 5 star stock in one year.

New Gold was off my radar screen until the recent acquisition of Metallica, which I have owned for some time. I'm surprised I had never come across NGD... on initial inspection it looks to be a solid play with substantial resources that are way undervalued, like most other players in the junior sector. As such, it acquired MRB at a great price, which will translate into terrific profits either when NGD is itself acquired during the next wave of the commodities super cycle, or when it finally emerges as an intermediate (less likely, IMO). If I had to make a prediction, I would say NGD is acquired by a major or a producing intermediate sometime in the next 12-18 months for $12-$15. I will stay long NGD as my MRB shares convert, and will decide whether to stay long with whomever acquires NGD based on whom it is. Gold to $1,650 on its way to $2,000. Silver to $50 on its way to $100.

A rising STAR !