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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
Post by nopoo2on Nov 20, 2014 10:07am
133 Views
Post# 23147393

Golden Dragons Grand Strategy

Golden Dragons Grand Strategy

Richard (Rick) Mills

Ahead of the Herd

As a general rule, the most successful man in life is the man who has the best information

Zheng Bijian, a leading Chinese intellectual and reformer said: “The most important strategic choice the Chinese made was to embrace globalization.”

China has made a new most important strategic choice – Asian Regionalization.

In the past few years, both Chinese and foreign analysts began to reach the conclusion that China has developed a fairly consistent and coherent grand strategy… Because economic development is taken as the only way for tackling all the pressing challenges that China is facing and will face, China’s grand strategy must serve the central purpose of development. Therefore, the central objective of China’s Grand Strategy in the past two decades (which may well last to 2050) can be captured in just one sentence: to secure and shape a conducive environment (security, economic, and political) so that China can concentrate on its development (economic, social, and political).” Tang Shiping and Zhang Yunling, China’s Regional Strategy

Today, trade with the United States, the European Union and the rest of the West is not the priority it use to be for China. Today the SCO (aka the Asian NATO), chaired by Russia and driven by China, has been ramping up its attention towards expansion and economic cooperation among its members.

That little nugget of information is going to have huge consequences for gold’s price. Let me explain.

https://aheadoftheherd.com/Newsletter/2014/Golden-Dragons-Grand-Strategy.htm

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nopoo
Bullboard Posts