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NovaGold Resources Ord Shs T.NG

Alternate Symbol(s):  NG

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

Bullboard Posts
Post by anmckennon Dec 03, 2009 7:49pm
811 Views
Post# 16552492

NG going forward

NG going forwardWell we closed at 6.84 today and pog is passing 1220 as I write.  I amreally thinking about the markets going forward and am itching to lockin some gains before year end.  I was looking into NG value and it isonly valued at 1.74 and a good source tells me that "At some point intime, a stock's Priceand Value always will converge"  I realize wealready saw this back in March however, I am still jittery about thesegains until now.  Anyone else feel the same.  I would love to see 12.50but really, how long can this hold until  a mine is producing.  Thevalue is in the ground but when the market swings, it takes everythingwith it.  Were does the NG community stand on this one.  How aboutChina commenting on a "Gold bubble coming", what does everyone think.
Bullboard Posts