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.

TSX:NG - Post by User

NovaGold Resources Ord Shs

Bullboard Posts

Comment by eliner63on Aug 10, 2008 10:09pm

654 Views

Post# 15372985

RE: class action

Should we expect thousands of class-action lawsuits to spring up due to the escalated costs in the real world and the credit crisis? Are these shareholders upset because they lost the most money on NG?

Let's face it, lawyers wouldn't bother unless they saw a value in NG and now they would do their best to sink it. They really deserve a counter-lawsuit.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario