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Bullboard - Stock Discussion Forum 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... see more

TSX:NG - Post Discussion

NovaGold Resources Ord Shs > Stock market stupidosis
View:
Post by BSdetector2016 on Sep 25, 2024 10:18pm

Stock market stupidosis

August 2022 POG = ~1,700/oz, SP = ~$6; August 2024 POG = ~$2,500/oz, SP = ~$6.40; September 25, 2024 POG = ~2,682/oz, SP = $5.85.  The more POG goes UP the lower this goes. What is wrong with NG's valuation ???

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