Bullish Case: New leadership brings decades of experience and strategic vision to New Gold (NGD), setting up for potential operational and financial improvements amidst a background of growing global gold and copper interest.


Bearish Case: Historical operational challenges and a long-term downtrend portray a cautious narrative. The industry's move towards newer commodities like natural hydrogen may overshadow traditional mining stocks like NGD.


Potential Outcomes: A 40% chance of stock rise if O'Brien influences positive changes by Q4. A 30% chance of flat trading on sustained market skepticism. A 30% drop probability if copper and gold interests shift towards new energies dramatically.


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March 30, 2024


New Gold Forecast

NGD        New Gold
Price Forecast: BULLISH    Price Action: RANDOM (?)






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GLL Forecast + Options Trading Strategies   [GLL]  ProShares UltraShort Gold (-0.93)





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