New Gold Inc. (NGD)

[stockjock32]

i will wait a little longer before buying NGD shares.
i was digging a little deeper into their financials
and found that they have had losses the last 4 years
totaling almost 800 million and if gold continues its
slide below 1200 i don't see how they can stop bleeding
huge losses i guess it would be nice to see a qtr. with
some profit or an update that states cost cutting measures
in place to stop the bleeding! IMO the share price could
go below 1.10 to a 1.00 i guess we will see what happens!
in the meantime NGD will remain on my watchlist GLTA!