A Cheap Way To Play Gold NGD.WT.A

NEW GOLD INC. (Toronto:NGD.TO) Delayed quote data

Last Trade: 6.17 CAD Trade Time: 3:23PM EST Change: 0.03 (0.49%) Prev Close: 6.14 Open: 6.24 Bid: 6.16 Ask: 6.17 1y Target Est: N/A

Day's Range: 6.10 - 6.24 52wk Range: 3.37 - 6.97 Volume: 2,575,550 Avg Vol (3m): 2,612,500 Market Cap: N/A P/E (ttm): N/A EPS (ttm): N/A Div & Yield: N/A (N/A%)

1d 5d 3m 6m 1y 2y 5y max

New Gold is currently dealing with the Mexican Legal system to get an injunction to enable them to re-open the Gold mine which produces 30% of the gold they mine.

This is a risk trade...but the rewards could be worth millions to New Gold, and shareholders and the Mexican Tax department and the Mexican Labour Force.

With hundreds of millions at stake , any success by New Gold Lawyers to get the injunction to

re-open while they appeal all the way to the Supreme Court Of Mexico, is a risk you might be willing to take.

They have been battling since July 7 2010, and a decision on the court issuing an injunction is pending.

We have taken a position in the warrants NGD.WT.A $1.69 on the TSX and the A warrants run till 2017 so can be traded in and out fairly easily.

It is a much cheaper way to play New Gold ( sp is currently $6.17 per share.)

This is a high risk / high reward trade.

Be Aware Of This:

New Gold deleted from S&P/TSX SmallCap Index

2010-09-10 20:57 ET - Miscellaneous

Standard & Poor's Canadian index operations have released the results of the annual review of the S&P/TSX SmallCap Index, which will become effective after the close of trading on Friday, Sept. 17, 2010.

                     DELETION Issue name                                   Symbol  New Gold Inc.                                   NGD

Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company.

July 7 2010 Press Release said in part:

Upon reviewing the district court's ruling, New Gold plans to launch an appeal with a Collegiate Appeals Court in Mexico City. It may also consider asking the Mexican Supreme Court to hear the case.

"While we are disappointed by this most recent decision, we will continue to pursue all avenues to ensure the continuous operation of Cerro San Pedro," Chief Executive Robert Gallagher said in a statement.

If the latest ruling orders regulators to again halt operations at the site, New Gold intends to request for a new injunction that would allow it to continue to operate while it appeals the decision, said a company spokesman.

New Gold also said it is in ongoing talks with regulators to ensure uninterrupted operations at the mine, which is expected to produce about 100,000 ounces of gold in 2010 at a total cash cost of C$390 to C$410 an ounce.

New Gold Announces 2010 Second Quarter Results with an 82% Increase in Cash Flow from Operations to $38.8 million

18:44 EDT Thursday, August 05, 2010

(All figures are in US dollars unless otherwise indicated)

VANCOUVER, Aug. 5 /CNW/ - New Gold Inc. ("New Gold") (TSX and NYSE AMEX:NGD) today announces financial and operational results for the second quarter of 2010. New Gold had an excellent second quarter with gold sales of 82,402 ounces at a total cash cost(1) of $491 per ounce, net of by-product sales, resulting in earnings from mine operations of $35.9 million and cash flow from operations of $38.8 million. New Gold is also pleased to reiterate its 2010 full year guidance of 330,000 to 360,000 ounces of gold production at a total cash cost(1) of $445 to $465 per ounce sold, net of by-product sales.

Source

Canada province, aboriginals in mine revenue deal

18:32 EDT Tuesday, August 24, 2010

* Industry welcomes agreement

* Deal is on tax revenue from New Gold's Afton mine

* More agreements to follow

* Similar tax-sharing deals already in forestry industry

By Nicole Mordant

VANCOUVER, Aug 24 (Reuters) - British Columbia signed an agreement on Tuesday that will see Canada's westernmost province share tax revenue from the mining industry with aboriginal groups, the first such deal in the mineral-rich region.

The agreement between the Canadian province and the Stk'emlupsemc of the Secwepemc Nation was welcomed by the industry, which hopes the deal will improve relations between miners and First Nations people, and make native Indian groups more receptive to mining activities on or near their lands.

"It is the right thing to do. It is also good for business," said Pierre Gratton, President and Chief Executive of the Mining Association of British Columbia.

These agreements will help "to show First Nations right at the outset that there is something for them from our activities," Gratton told Reuters.

Native groups were not immediately available for comment.

Tuesday's agreement is expected to be the first of many in the province's mining sector, said Randy Hawes, British Columbia's minister of state for mining. The province's large forestry sector has been sharing revenues with First Nations since 2003.

The deal inked on Tuesday will see mineral tax revenue generated by New Gold Inc's New Afton project shared with the Tk'emlups and Skeetchestn First Nations.

Over the life of the mine, which is currently under construction just outside the town of Kamloops, some C$30 million ($28 million) is expected to flow to the two native bands, Hawes told Reuters.

Each agreement will be structured differently, he said. The government is signing its second agreement on Wednesday with the McLeod Lake Indian band on the Mount Milligan gold-copper project owned by Terrane Metals .

Hawes said that even though the province had a lot of large mineral deposits, they were often not that rich, making mining companies leery of potentially drawn-out and expensive battles with native groups.

"I do believe we have made B.C. a much, much more attractive place to invest," Hawes said.

In addition, the revenue should improve the social and economic conditions on native Indian reserves, he said.

"For me the bottom line is that there are so many kids on First Nations territories... The future must look bleak to some of those kids," Hawes said. ($1=$1.06 Canadian) (Reporting by Nicole Mordant; editing by Rob Wilson)

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House Positions for C:NGD from 20100916 to 20100916

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
79 CIBC	768,800	4,741,823	6.168	402,600	2,483,714	6.169	366,200	-2,258,109
39 Merrill Lynch	159,200	978,834	6.148	8,000	49,506	6.188	151,200	-929,328
80 National Bank	208,005	1,284,101	6.173	155,345	959,736	6.178	52,660	-324,365
2 RBC	120,072	742,175	6.181	69,420	429,914	6.193	50,652	-312,261
7 TD Sec	326,981	2,014,495	6.161	285,327	1,759,820	6.168	41,654	-254,675
9 BMO Nesbitt	67,250	414,918	6.17	46,083	284,771	6.18	21,167	-130,147
13 Instinet	20,175	123,750	6.134	0			20,175	-123,750
85 Scotia	132,509	819,108	6.182	112,350	694,606	6.183	20,159	-124,502
52 NCP	10,000	61,800	6.18	0			10,000	-61,800
19 Desjardins	13,500	83,603	6.193	4,500	27,930	6.207	9,000	-55,673
65 Goldman	7,262	44,758	6.163	1,425	8,863	6.22	5,837	-35,895
74 GMP	4,000	24,640	6.16	0			4,000	-24,640
58 Qtrade	3,000	18,600	6.20	0			3,000	-18,600
81 HSBC	2,200	13,540	6.155	0			2,200	-13,540
60 MF Global Can	15,700	96,903	6.172	13,700	84,549	6.171	2,000	-12,354
121 Jennings	1,800	11,232	6.24	0			1,800	-11,232
33 Canaccord	11,880	72,957	6.141	10,500	65,186	6.208	1,380	-7,771
6 Union	870	5,394	6.20	0			870	-5,394
57 Interactive	0			206	1,285	6.238	-206	1,285
83 Mackie	0			400	2,476	6.19	-400	2,476
59 PI	0			800	4,936	6.17	-800	4,936
5 Penson	800	4,944	6.18	1,600	9,844	6.153	-800	4,900
69 Jordan	5,000	30,700	6.14	10,000	61,850	6.185	-5,000	31,150
124 Questrade	16,200	99,870	6.165	23,000	143,080	6.221	-6,800	43,210
14 ITG	8,646	53,694	6.21	25,260	155,752	6.166	-16,614	102,058
15 UBS	311,400	1,923,021	6.175	331,100	2,041,181	6.165	-19,700	118,160
12 Wellington	0			29,300	180,517	6.161	-29,300	180,517
11 MacQuarie	0			50,000	307,442	6.149	-50,000	307,442
99 Jitney	79,500	490,651	6.172	145,200	897,207	6.179	-65,700	406,556
1 Anonymous	234,200	1,447,729	6.182	327,200	2,016,672	6.163	-93,000	568,943
72 Credit Suisse	44,800	275,098	6.141	144,800	890,086	6.147	-100,000	614,988
123 Citigroup	2,200	13,622	6.192	377,834	2,331,037	6.169	-375,634	2,317,415
TOTAL	2,575,950	15,891,960	6.169	2,575,950	15,891,960	6.169	0	0