NovaGold Resources Inc

NG-T

TSE:NG

11.58
0.10 (0.87%)
NOVAGOLD is a precious metals company engaged in the development of mineral properties in North America.
More at Wikipedia

Analysis and Opinions about NG-T

Signal
Opinion
Expert
TOP PICK
TOP PICK
January 16, 2020
He is not a gold bug however he is big on structural themes and golds have been making a big turn. It would have the largest new deposit in the world. Theirs is a great asset in a group that is hated. He thinks we are into a reflationary cycle and the golds are set up to perform quite well. (Analysts’ price target is $11.97)
Show full opinionHide full opinion
He is not a gold bug however he is big on structural themes and golds have been making a big turn. It would have the largest new deposit in the world. Theirs is a great asset in a group that is hated. He thinks we are into a reflationary cycle and the golds are set up to perform quite well. (Analysts’ price target is $11.97)
COMMENT
COMMENT
May 12, 2016

Has had a really, really good move in the short term. If you think the gold price is going up 2 years from now, you will be very happy if you bought it today. 3 or 6 months from now you will be somewhat less happy. He owns it because he likes the optionality of the higher gold and copper prices. It is going to be a very, very volatile stock.

Show full opinionHide full opinion

Has had a really, really good move in the short term. If you think the gold price is going up 2 years from now, you will be very happy if you bought it today. 3 or 6 months from now you will be somewhat less happy. He owns it because he likes the optionality of the higher gold and copper prices. It is going to be a very, very volatile stock.

BUY
BUY
March 7, 2016

There are two projects in North Western BC. They will be difficult to build, but have lots of gold and copper. He likes that they know they are an optionality play. They run low G&A. The management knows not to dilute now.

Show full opinionHide full opinion

There are two projects in North Western BC. They will be difficult to build, but have lots of gold and copper. He likes that they know they are an optionality play. They run low G&A. The management knows not to dilute now.

DON'T BUY
DON'T BUY
April 3, 2014

Not a producing company. They have two assets in Canada and have given up on one. They would have to spend $7 Billion. They have a partner that is willing to build the mine with them, but they need higher gold prices. It would be the biggest gold mine in the world. It is not the right project for the current gold environment.

Show full opinionHide full opinion

Not a producing company. They have two assets in Canada and have given up on one. They would have to spend $7 Billion. They have a partner that is willing to build the mine with them, but they need higher gold prices. It would be the biggest gold mine in the world. It is not the right project for the current gold environment.

SELL
SELL
September 13, 2013

This is one of those projects that is lower in grade and requires very large spending capital. In the current environment, lots of the majors are cutting back on capital spending.

Show full opinionHide full opinion
NovaGold Resources Inc (NG-T)
September 13, 2013

This is one of those projects that is lower in grade and requires very large spending capital. In the current environment, lots of the majors are cutting back on capital spending.

COMMENT
COMMENT
December 10, 2012

He is bullish on gold. It needs to break out above $1800 and then we will have a dynamic run on gold to $2000. IF it does not break out and we go back to summer lows, then it will be a bad sign.

Show full opinionHide full opinion

He is bullish on gold. It needs to break out above $1800 and then we will have a dynamic run on gold to $2000. IF it does not break out and we go back to summer lows, then it will be a bad sign.

COMMENT
COMMENT
October 31, 2012

Gold usually does well in the summer, beginning of July, coming into the beginning of October. There can be another period at this time but you have to watch it. Be very careful.

Show full opinionHide full opinion

Gold usually does well in the summer, beginning of July, coming into the beginning of October. There can be another period at this time but you have to watch it. Be very careful.

DON'T BUY
DON'T BUY
August 16, 2012

(Market Call Minute) too high a Cap –X.

Show full opinionHide full opinion

(Market Call Minute) too high a Cap –X.

DON'T BUY
DON'T BUY
July 26, 2012
Hasn't owned this one for 10 years. Always thought the CapX was too high.
Show full opinionHide full opinion
Hasn't owned this one for 10 years. Always thought the CapX was too high.
DON'T BUY
DON'T BUY
July 26, 2012
Chart shows some support at $3.60. If it got down to that level he would get out. For a long-term view, the $6 level is pretty critical and the got to that point, he would buy more. You shouldn't buy any more at this point.
Show full opinionHide full opinion
Chart shows some support at $3.60. If it got down to that level he would get out. For a long-term view, the $6 level is pretty critical and the got to that point, he would buy more. You shouldn't buy any more at this point.
DON'T BUY
DON'T BUY
July 11, 2012
Doesn’t like companies like this that are going to have to raise literally billions of dollars to bring their projects into commercial production.
Show full opinionHide full opinion
Doesn’t like companies like this that are going to have to raise literally billions of dollars to bring their projects into commercial production.
DON'T BUY
DON'T BUY
December 6, 2011
Has been a management shakeup and investing some assets. Will Barrick (ABX-T) take them out? The ducks are lining up to make a thesis. Will be price dependent. He would not invest in anything on the premise that they will be taken out. There are better places to put your money.
Show full opinionHide full opinion
Has been a management shakeup and investing some assets. Will Barrick (ABX-T) take them out? The ducks are lining up to make a thesis. Will be price dependent. He would not invest in anything on the premise that they will be taken out. There are better places to put your money.
DON'T BUY
DON'T BUY
November 8, 2010
Pretty bumpy ride over the last decade. Have been building up mines. Has lots of cash and is well financed. They are continuing to do further feasibility studies. He thinks it is a little expensive.
Show full opinionHide full opinion
Pretty bumpy ride over the last decade. Have been building up mines. Has lots of cash and is well financed. They are continuing to do further feasibility studies. He thinks it is a little expensive.
DON'T BUY
DON'T BUY
July 6, 2010
An “IF” stock that if something happens, will there actually be a mine. 2 potential mines in BC with massive gold deposits but you don't know if they can be economically mined and there's still a lot of permitting.
Show full opinionHide full opinion
An “IF” stock that if something happens, will there actually be a mine. 2 potential mines in BC with massive gold deposits but you don't know if they can be economically mined and there's still a lot of permitting.
COMMENT
COMMENT
May 18, 2010
Can see gold near term at $1250 but longer term he continues to use $900-$1000. This company has massive projects and good partners.
Show full opinionHide full opinion
Can see gold near term at $1250 but longer term he continues to use $900-$1000. This company has massive projects and good partners.
Showing 1 to 15 of 47 entries