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Gold/Mining/Energy : NOVAGOLD RESOURCES INC. (TSE:NRI; OTC BB: NVGLF)

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To: AH who wrote (3)10/21/2001 2:02:15 PM
From: CLK  Read Replies (2) of 137
 
This may turn out to be a big winner since it has good gold per share and good grades BUT the ore is refractory which is why Placer let it go and this is a BIG negative. It makes it a high cost operation and plagues it with processing difficulties. I have been a shareholder, but this keeps me from being overly enthusiastic.
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