$GG $NGD New Gold (NYSEMKT:NGD) poured some more c

$GG $NGD New Gold (NYSEMKT:NGD) poured some more cold water on its shareholders as it had to confess it identified yet another cost overrun at its Rainy River gold project which is currently being built in Ontario, Canada. To make things even worse, New Gold didn't even have the cash to fund the additional expenses. A first step to sell the El Morro stream for $65M to Goldcorp (NYSE:GG) was recently completed, but New Gold will have to find more cash within the next few months as the internal free cash flow won't be sufficient.