The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: GST who wrote (17563)	2/11/2009 8:37:17 AM
From: Tommaso	of 71456

New Gold has a good web site, which is easily found. They have good and growing production and projects in development; a strong cash flow; costs of about $500 an ounce; good management that has recently cut back on less-profitable projects. Yes, they have gold. Pierrre Lassonde and Seymour Schulich own blocks of shares and Lassonde is a director, I think. Claude Cormier wishes they had no debt whatever. But they have lots of cash. When I bought in, the entire company could have been bought for the cash in the bank.

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