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Bullboard - Stock Discussion Forum 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... see more

TSX:NG - Post Discussion

NovaGold Resources Ord Shs > This isn't a trader
View:
Post by BSdetector2016 on Jul 10, 2020 3:42pm

This isn't a trader

Buy it cheap and sit on it for the end game. In the meantime the ambulance chasing lawyers with make noise but that will not obscure the prize. The only reason there are so many parasitic law firms circling is because this is the real deal. Tier 1 deposits always seem to attract this kind of thing. Think of it as a badge of honour.

The big gold producers are desperate for deposits like this (multi-million ounce and long life). They are mining theior own deposits faster than they can replace the ounces mined. Why do you think Barrick is still around?
Comment by ninja123 on Jul 10, 2020 6:20pm
agree, obviously.  would be wonderful to see a comment from Barrick, but it's not really in their interest to do so at this juncture - might as well wait for the results of the current drill program and updated build model. next week!
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