New Gold (NGD) is rallying today, because...

New Gold (NGD) is rallying today, because... - Hallo friendsTODAY'S NEWS AND ACCREDITED, In the article you read this time with the title New Gold (NGD) is rallying today, because..., We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article BANKING, Article CULTURE, Article ECONOMIC, Article HOTELS, Article POLITICAL, Article SOCIAL, Article SPORTS, Article TOURISTS, Article TRAVELING, We write this you can understand. Alright, good read.

Title : New Gold (NGD) is rallying today, because...
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New Gold (NGD) is rallying today, because...

...the market has decided to price it back where it was a week ago, not for what it most feared (instant death):


That's probably because of this...


...a modest improvement at the key Rainy River mine. Though just how they plan to pay back the U$940m in financial debt they took out to fund this mine via those returns is not yet clear.


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