NovaGold Resources Ord Shs T.NG

Alternate Symbol(s): NG

Metals & Mining Gold

NOVAGOLD Resources Inc. is a precious metals company, which is focused on the development of its 50%-owned Donlin Gold project in Alaska. The Donlin Gold project is a development-stage gold project. The Donlin Gold property is located in the Kuskokwim region of southwestern Alaska on private, Alaska Native-owned mineral and surface land and Alaska state mining claims. The Donlin Gold deposits are situated at approximately 62-degree North latitude and 158-degree West longitude, which is 450 kilometers (km) west of Anchorage and 250 km northeast of Bethel up the Kuskokwim River. The project is held by Donlin Gold LLC (Donlin Gold), which is owned 50% by the Company's wholly owned subsidiary, NOVAGOLD Resources Alaska Inc., and 50% by Barrick Gold Corporation's wholly owned subsidiary, Barrick Gold U.S. Inc.

TSX:NG - Post by User

NovaGold Resources Ord Shs

Bullboard Posts

Post by dudediligenton Jan 25, 2009 10:39pm

459 Views

Post# 15727911

Gold Rush

No matter who ultimately takes ownership of this company the fact of the matter is the POG is going skyward and NG's SP will go along with it. Gold just busting thru the 200 moving day avg is huge and the Ameriacan investing public is justing to take notice. Dennis Gartman of all people has stated that he is buying gold and or gold shares and he hates the metal and has been a long time bear. I am at the VCR resource conference this week and I'm sure gold companies will be the focus.

Hang on this party is just getting started and early sellers will be sorry. This is not to say that we will not get our down days as nothing goes straight up.

Bullboard Posts

How a junior advances one of the largest undeveloped diamond projects