Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 stargazer1on Nov 27, 2007 1:04am
480 Views
Post# 13871455

Company ignored locals warnings.

Company ignored locals warnings.From another site: "I live in the same town where many of the contractors are from and many have come from the jobsite very frustrated. They will be told to complete a job a certain way and then after it is done someone else from the company will come along and have them re-do the job a different way. This has resulted in many jobs costing a lot more than they should have, sometimes double or more. Last year, people with local experience tried to warn the company about the high level that rivers can reach but were ignored. The result was washed out bridges and guess what- double the price plus costly delays. Add up these kinds of things and soon the project costs are going to go out of control. I think the blame is squarely on managements' shoulders."
Bullboard Posts