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May 28, 2009 / Jeb

New Gold (NGD) Great Buy

This is a great point to buy New Gold.  They have just combined with Western Goldfields.  They will produce enough gold to be able to fund their  development project in British Columbia called New Afton.  This project has close to a billion pounds of copper.  When buying a gold company making sure you have the management to grow and finance a company is crucial.  They have the top minds in the field behind this company.  Buying here at 2.50 is a great point to get in.

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2 Comments

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  1. Tuni Singh / May 29 2009 2:18 pm

    Absolutely amazing call! I didn’t read until now. Should I wait for pullback before taking a position?

Trackbacks

  1. Morning Stock Pick (NGD) New Gold Major Breakout Anticipated, Lowering Costs, Expanding Cash Flow « Gold Stock Trades

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