DieterMeyrl Initiating Coverage I am initiating coverage on New Gold (NYSE:NGD) stock with a “Buy” rating and an investment horizon of 36 months. I believe that New Gold is attractive, even after a massive rally of 112% for year-to-date. Besides the factor of gold trending higher, this initiating coverage discusses the fundamental reasons to be bullish on New Gold stock. The focus of the thesis is on the company’s ability to boost production in the given investment horizon. At the same time, there is sc ...