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View Full Version : Question about NovaGold (NG)



eexaxzekauba
02-05-2016,
Done some preliminary research on this stock, but what am I missing. Obv the market has been rough recently, but is this a good company to hold on for a while, any feedback on this would help. New here not sure if this is the right place. Appreciate the opinions.

egointgj47
02-06-2016,
How do we know what your missing if you don't tell us what you have? What type of research are you doing? What is your opinion now that you have done the research?

ehoosihomexu
02-07-2016,
I didn't want to skew the opinions by mentioning too much.

What I like, the Donlin project. It seems that whole project is going to be big, so long as they can still keep it feasible. That seems to be some of the risk. Can NovaGold see it through financially. It will not be cheap, although they are already re-positioning themselves to make a full go at Donlin. A project of that scale, especially with the cost of gold as it is now makes it tougher. Especially if it doesn't not bounce back soon enough. Risk/Reward calculations I guess, but the upside if nothing more, is there. Can NovaGold wither it through.

Without getting into much of the nuts and bolts that is the gist of it.

ejleropuk
02-08-2016,
So, what am I missing?

ella2askr
02-08-2016,
Looks like they have plenty of cash for now, and the Donlin project sounds great. So the question is will investors buy it and drive up the stock price? The chart seems to have bottomed and if it can hold a higher low on the daily chart and eventually get through 3, this could be a decent investment. I'll try to draw up a chart later tonight.