NovaGold Resources Ord Shs T.NG

Alternate Symbol(s): NG

Metals & Mining Gold

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.

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NovaGold Resources Ord Shs

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Post by Sparkletoothon Nov 27, 2007 8:45pm

306 Views

Post# 13877737

Best way to play this, gamblers only

with $10 thousand to bet 15,000 CPY @.35 1,000 ng.wt @4.28 If this mess is resolved within 6 months CPY will fly, fly, fly...and if it isn't, what's the near-term downside? 50%? And takeover bid at $16 makes the warts worth $9... felixin2000, I agree with everything you've posted today. I'm not directly affected, but as a resident of north-western BC I'm not impressed by this corporate betrayal...glta

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