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Gold/Mining/Energy : NOVAGOLD RESOURCES INC. (TSE:NRI; OTC BB: NVGLF) -- Ignore unavailable to you. Want to Upgrade?


To: Bat Man who wrote (8)1/25/2002 1:08:45 AM
From: AH  Respond to of 137
 
Yes, it's a lot of gold.

Curiously, some gold SI threads are ignoring/dismissing NRI.

I think that it's plainly stupid to ignore:
- A run-up from 0.13 to 3.70
- Up to 22 mil oz, with high grade core ~10.5 mil
- Other assets
- Very energetic development of the Dolin Creek property

I have been enjoying the NRI ride since June '01.

Unfortunately, having been conditioned by the five year bear and trying to get get back some of my income tax, I got caught transferring 20% of my NRI holdings to my RRSP account. So instead of NRI, MAE landed in my RRSP. I wanted to buy it anyway.

I have juniors that trade at roughly their cash value. Their gold is FREE. Still, NRI trades at ridiculously low price level.
I have been reviewing various gold stocks I own for some time. At this point, I am not certain what to keep and what to buy. There so many though choices and so little money.

Good luck with your trades!