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 katchumon Apr 02, 2010 12:31pm

589 Views

Post# 16952157

RE: NG going forward

I've researched on many analysts on the gold price and many of them say we will go up. I've seen numbers between 1300 to 2000 dollars an ounce. There has never been such an easy stock pick today. Just buy goldmines and for the risk takers NG is a nice speculative buy as you don't have to worry about the gold price going down.

Bullboard Posts

The top 10 Canadian medical stocks