. Still a good long term stock. Gold is going to go back up. 
Company Overview
New Gold Inc. is a new intermediate gold producer with a complimentary portfolio of global assets in Mexico, Canada, Australia, Brazil, and the US (Alaska).
New Gold has a clear vision of becoming a million ounce gold equivalent producer, with a lower than industry average cash cost per ounce by 2014.
New Gold will achieve this vision through:
- Delivering on operational targets (safety, cost, production, environment, and social responsibility);
- Maintaining a strong financial position;
- Internal growth through project development and continuous improvement of our existing operations; and
- External Growth through continued consolidation of junior gold producers.
New Gold is working towards maximizing shareholder value through diversified production, maintaining a reduced risk profile and enhancing growth potential. The board of directors, management and the employees of New Gold Inc. are committed to achieving this in a socially responsible and sustainable manner.
New Gold Inc. is listed on the Toronto Stock Exchange (TSX) and the American Stock Exchange (AMEX) under the symbol NGD.
Investors
Corporate Profile
New Gold has a clear vision of becoming a million ounce gold equivalent producer, with a lower than industry average cash cost per ounce by 2012.
New Gold will achieve this vision through
- Delivering on operational targets (safety, cost, production, environment, and social responsibility)
- Maintaining a strong financial position
- Internal growth through project development and continuous improvement of our existing operations
- External growth through continued consolidation of junior gold producers
Why Invest in New Gold Inc.?
- Globally diversified intermediate gold producer
- Strong reserve position supported by large resource base
- Growth profile with solid development pipeline
- New Afton mine scheduled to commence production in the second half of 2012
- El Morro project is progressing to the permitting stage
- Acquisitions in the junior gold mining sector
- Solid platform for profitable growth and increased shareholder returns
- Solid financial postion
- Management with experience in developing and operating open pit and underground mines
- Proven, experienced board of directors
| Share Statistics (www.yahoo.com) | |
| Average Volume (3 month): | 839,778 |
| Average Volume (10 day): | 1,067,890 |
| Shares Outstanding: | 212.84M |
| Float: | 32.84M |
| % Held by Insiders: | 2.05% |
| % Held by Institutions: | 40.20% |
| Shares Short (as of 12-Jan-09): | 1.04M |
| Short Ratio (as of 12-Jan-09): | 1.4 |
| Short % of Float (as of 12-Jan-09): | N/A |
| Shares Short (prior month): | 679.89K |
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Links for DD:
Short Interest on "Shortsqueeze.com"
New Gold on "agoracom" (Canada)
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GOLD BOARDS ON INVESTORS HUB:
