Q: In March of 2022, you were asked about NovaGold (NG) and wrote: “…we do not like these 'binary' scenarios. Without full permitting, there is no mine, and no potential.” In March of 2023, you recommended it along with a few other juniors. Could you please share your updated thoughts about this company? Thanks.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
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NovaGold Resources Inc. (NG)
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Yamana Gold Inc. (YRI)
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First Majestic Silver Corp. (FR)
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Torex Gold Resources Inc. (TXG)
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Pan American Silver Corp. (PAAS)
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Capstone Copper Corp. (CS)
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Osisko Mining Inc. (OSK)
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Equinox Gold Corp. (EQX)
Q: Which small and mid-cap miners in the gold and silver space are poised for impressive production growth in the near term?
Q: Hello,
Novagold had been around for a while. How have they progressed? are they going to get finance to continue to develop the gold resource? Is it worthwhile to maintain a position or time to change to producing miners?
Thank you
Ed
Novagold had been around for a while. How have they progressed? are they going to get finance to continue to develop the gold resource? Is it worthwhile to maintain a position or time to change to producing miners?
Thank you
Ed
Q: both of these gold producers have high target prices , would they both be good or not ?
Q: Rick Rule said recently that the best opportunities in precious metals right now are the mid-tier, single-asset gold miners producing between 600,000 and 1 million ounces a year. I was hoping you could list some companies that would fit that description.
Q: Hi,
What are the reserve for Novagold and when do they expect to start producing gold and their expected annual production.
Regards,
Ed
What are the reserve for Novagold and when do they expect to start producing gold and their expected annual production.
Regards,
Ed
Q: Ng looks interesting to me. Was wondering if you had info on insider ownership and how it might reflect on how good a stock it would be to purchase.
Q: I assume that the share price fall has resulted from the short seller claims, and that the law suits could go against the short seller if those allegations are false. I further assume that the short sell attack is opportunistic rather than a valid critique of the company. But
I do not know the project history. Do you know if there is substantial validity to the short seller claims, or if there are substantial impediments to the projects success?
I do not know the project history. Do you know if there is substantial validity to the short seller claims, or if there are substantial impediments to the projects success?
Q: May I have your thoughts on NG? Any debt, cash, cost per ounce, is it a buy? Thanks
Q: Could you update on Novagold, Cash position and management?
Thank you
Thank you
Q: Could you update on Novagold, Cash position and management?
Q: Your views on Novagold Resources NG. Thanks
Q: Hello,
I have a small holding of Novagold that I want to sell. As advised I did nothing and watched it bounce a bit. I'm not sure but I think I read here something about fall redemptions that may lower the price of gold. If so, would it be advisable for me to sell my holding now?
I have a small holding of Novagold that I want to sell. As advised I did nothing and watched it bounce a bit. I'm not sure but I think I read here something about fall redemptions that may lower the price of gold. If so, would it be advisable for me to sell my holding now?
Q: Hello,
I have shares in Novagold, my first and only gold purchase. I'm currently losing about 30%, I realize the whole sector is down and you have advised waiting until it bottoms out. I purchased these shares because of their Galore Creek & Donlin Gold projects, but it seems like it will take a very long time for development, if it does move forward. Projected EPS for the next few years is negative. I wasn't familiar with the sector and didn't know that this would end up being a very long term hold. I'm wondering if it would be better to dump the shares instead of tying up my capital and reinvest later if prospects look better.
I have shares in Novagold, my first and only gold purchase. I'm currently losing about 30%, I realize the whole sector is down and you have advised waiting until it bottoms out. I purchased these shares because of their Galore Creek & Donlin Gold projects, but it seems like it will take a very long time for development, if it does move forward. Projected EPS for the next few years is negative. I wasn't familiar with the sector and didn't know that this would end up being a very long term hold. I'm wondering if it would be better to dump the shares instead of tying up my capital and reinvest later if prospects look better.
Q: Hi Peter,
What are your thoughts on Novagold. I've been following a few hedge funds, like Baupost and Vinik Asset Mgmt and they seem to be stocking up on it.
What are your thoughts on Novagold. I've been following a few hedge funds, like Baupost and Vinik Asset Mgmt and they seem to be stocking up on it.