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To: patron_anejo_por_favor who wrote (291447)11/15/2010 9:18:42 AM
From: saveslivesbydayRead Replies (1) | Respond to of 306849
 
How to literally mortgage your children's future




To: patron_anejo_por_favor who wrote (291447)11/15/2010 9:20:36 AM
From: No Mo MoRead Replies (1) | Respond to of 306849
 
NGD -- Good News:

"VANCOUVER, Nov. 15 /PRNewswire/ - New Gold Inc. ("New Gold") (TSX and NYSE AMEX:NGD) today announces that a Collegiate Appeals Court in Mexico City has ruled in favour of the company's position in its latest appeal against the September 2009 nullification of the Cerro San Pedro Mine's Environmental Impact Statement ("EIS"). The court has advised that the decision is positive but has not yet provided the full written decision thus New Gold is not presently aware of what the Collegiate Appeals Court has deemed to be the appropriate next steps in the resolution of the case. New Gold expects to receive the detailed full decision in the coming weeks.
"We are very pleased by this most recent decision and feel it is an important outcome as we work towards a final resolution of the challenges related to the EIS" stated Robert Gallagher, President and Chief Executive Officer.
The decision by the Collegiate Appeals Court comes after the company appealed the decision of a lower court as disclosed on July 7, 2010. While New Gold remains in continuous discussions with all stakeholders to seek resolution to this issue the Cerro San Pedro mine is fully operational and continues its strong performance.
New Gold will continue to provide updates in this matter.