NGD New Gold

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#1 Wed, Feb 26, 2020 - 6:41pm
Connie
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Wautoma, WI
Joined: Aug 7, 2018
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NGD New Gold

Is my math right? The company sold a 46% interest in one of its mines for $300 million, and the market cap of the whole company is $500 million? That gives a zero value to the Rainy River mine and the Blackwater silver project, with 70 million ounces of silver reserves. Sounds too good to be true, but if it's true, it's very, very good.

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