Replies to Post #370452 onORIONS Money Stocks

Replies to #370452 on ORIONS Money Stocks

07/25/16 11:38 AM

#370453 RE: AugustaFriends #370452

NG Charts NovaGold Resources Inc. (USA) (NG)
For those investors looking for real entry-stage junior gold miners, NovaGold Resources Inc could be a great pick. The gold miner doesn't actually produce any gold, but what it does have is a heck of a mine in development.
NG's Donlin Gold project in Alaska promises to be a real boon for the gold miner. The mine has measured and indicated reserves of nearly 39 million ounces of gold. That gives it an estimated life of about 27 years and makes Donlin Gold one of the largest known undeveloped gold deposits on the planet today.
What's more, the mine has very high ore grades for its size.
The real beauty is that NG has enough liquidity/money to get the ball rolling on Donlin.
NovaGold could seriously be sitting on a game-changer of a claim.
That is, if NG doesn't get bought out first. This sort of mega-asset, in a friendly nation, is exactly the kind of assets/reserves that a major producer is looking for. And with gold rising, they'll pay a premium for NG's mine.
Note 1: Please alert the board of any stock crossing the 20,50,20dma’s on daily or weekly chart.
(link back for more charts)
Just replace the ticker with your TICKER
http://stockcharts.com/h-sc/ui?s=NG&p=D&yr=0&mn=3&dy=0&id=p11960084343