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July 30, 2010

New Gold’s Cerro San Pedro Mine Fully Operating, Presents Buying Opportunity

New Gold (NGD) has been a long term recommendation for my readers since May of 2009 when it was selling at $2.50.  I have always been impressed by the quality of assets New Gold owns.  New Gold is unique in the mining sector as they are leading the sector in increasing production and reducing cash costs.   In two years, this company has gone from being in debt to having a comfortable net cash position.

They have three operating mines in mining friendly jurisdictions and cash … [visit site to read more]



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