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

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To: pogbull who wrote (101)5/6/2004 3:12:47 PM
From: pogbull  Read Replies (1) of 137
 
Junior mining growth plays show value

Excerpt:

LONDON (Mineweb.com) -- Galore Creek has the potential to rapidly develop into a serious rival to Oyu Tolgoi. The British Columbia deposit, wholly owned by NovaGold [NG] already shows more in situ metal values than Ivanhoe’s [HUGO] famous Mongolian project and what it lacks in grade is made up for in infrastructure. All it needs to be a genuine contender with Oyu Tolgoi is to be brought closer to the feasibility stage and that is on an accelerated track.

mineweb.net.
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