NovaGold resources

Discussion in 'Stocks & Derivatives' started by Dr.Gold, Aug 3, 2012.

  1. Dr.Gold

    Dr.Gold New Member

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    Hi everyone,

    Just wondering what people think about Novagold as an investment. They are a mining company in Canada and have 50% ownership of the 2 largest under developed gold resource deposits in the world.

    Their share price has come down a bit in the past few weeks, so is it a good buy and long term hold stock?

    Cheers,

    DG
     
  2. Dr.Gold

    Dr.Gold New Member

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    No one has an opinion of NovaGold?
     
  3. finicky

    finicky Well-Known Member Silver Stacker

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    Not listed on the ASX is it? I hate goldies. Chart of this one a big concern. I wouldn't be buying it unless it proved it is reversing.

    All Data Monthly Chart Novagold (Toronto Exchange)
    [​IMG]
     

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