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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

Post by ernesto47on Jun 03, 2020 4:04pm
160 Views
Post# 31108481

Since two days....

Since two days....there is sort of an attac against almost all gold plays. The big NY banks are working hard to undermine the present strong move into goldstocks, they try hard to find a way to become 
a big load cheaper in their hands......it just looks so crazy to me whats going on. Gold itsself is
still hanging in at 1700 bucks, not wondering if  this whole blast is just short lived and afterwards we move much higher. Check out the trading with Wheaton, where it started a few days earlier, now down to 53 from 65, a pure cash cow got slauthered, who ever knows why. Just wondering where we end again with all this..................and to NG, just by pure luck I sold some
weeks ago, too early, all my NG share at 12.50 average and hopped into Victoria Gold at 7,
just befor the move came to around 13 for them, now trading 12. It is a lot of pain involved with gold shares these days!!!!!!!!!!! 
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