NOVAGOLD RESOURCES INC. (TSE:NRI; OTC BB: NVGLF) Message Board

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

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From: BitterSalt	6/18/2013 6:42:20 PM
	of 137

Looking at NG - I am researching any environmental issues with Nova Gold's operations or permitting. I like their approach with those effected by their operations. Of course it is expensive to be green .. a trade off. If those espousing environmental protection are sincere and not just using environmental activism as a political tool (anti-capitalist, and the like) NG will do well. Else, the environmentalist can not be satisfied. An indirect test of this will be their partner's (ABX) struggle with the Chilean government on behave of the local people. If this turns out to be a real environmental issue and not a political game, it will bode well for NG. Environment aside, NG has the cash to weather not only the permitting processes but also the current pullback in precious metal prices. I haven't committed yet but it is looking good.

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