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


To: Artie who wrote (43)3/25/2002 10:07:17 AM
From: Elizabeth Andrews  Respond to of 137
 
The company still has a working capital deficiency. I haven't seen the announcement of the $10 million financing yet have you?

I did notice, however, the Aug 10-01 news release which says the directors have agreed to private placements. I also noticed that Sprott Securities acquired some shares in the open market which may explain the short position, don't you think?