tag:blogger.com,1999:blog-2520529622848941473.post8078242525825864992..comments2023-07-07T04:54:52.640-04:00Comments on Shocked Investor: NewGold (NGD) Acquires Western Goldfields (WGI)The Shocked Investorhttp://www.blogger.com/profile/18143973693373656233noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2520529622848941473.post-64026122459346753472009-03-08T09:19:00.000-04:002009-03-08T09:19:00.000-04:00Thank you for the comment Neil. Those are good and...Thank you for the comment Neil. Those are good and valid points. The issue I had with WGI is, that while it had reasonable cashflow, it had no growth prospects and no ability to aise cash for acquisitions for quite some time. WGI is a very good company, but had limitations, which could be seen by its share price. I am also comfortable with Peru and Mexico. <BR/><BR/>BTW, I am also very comfortable with Chile and Brazil and the miners doing business there.The Shocked Investorhttps://www.blogger.com/profile/18143973693373656233noreply@blogger.comtag:blogger.com,1999:blog-2520529622848941473.post-74698044079138941032009-03-08T03:19:00.000-04:002009-03-08T03:19:00.000-04:00You seem to be reflecting the consensus view of th...You seem to be reflecting the consensus view of the merger. I don't like the idea of giving up my low risk cash flows for substantially more speculative ventures in much riskier countries. A mine in Mexico or Peru does not have the same risk characteristics as one in the US. I'd like to have held on to WGI as markets improved. I'm not going to hold on to the new NGD.Neilhttps://www.blogger.com/profile/10771458372114078882noreply@blogger.com