How New Gold Will Go From 400,000 Ounces To 1.2 Million Ounces Of Gold Production - New Gold Inc (NYSEMKT:NGD) | Seeking Alpha
Here is a great article on New Gold (NGD). The low production costs of New Gold makes it one of the best gold buys available. They can easily make a significant profit with gold selling at $1300 per ounce. I believe the price of gold can go higher because of global concerns over an aggressive Russia. The stock market in general is also topped out. So, New Gold may be one of the few stocks where you will be able to make some money in the next year or two.
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