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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
Comment by Barruchon Jan 27, 2006 7:53pm
405 Views
Post# 10250679

RE: Interesting day ahead

RE: Interesting day ahead of all the gold stocks I follow FMM and NG are the only ones up today. NG was $13.28 up 0.72 5.73%, FMM was $1.69 up 0.09 5.66% At 3:00 e.s.t. Which leads me to ask what do these two have in common? Answer; Donlin creek/Ganes Creek Ganes Creek is considered to be an extension of Donlin Creek. FMM is currently drilling Ganes Creek. Could it be someone is looking at both properties? The recent rise in FMM started the same day NG announced the 11,000,000 shares financing. FMM was$1.33 on 23/1/06 closed today @$1.62 with a high of $1.69 SirT, was FMM mentioned on Bill Murphy's site. Barruch
Bullboard Posts