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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (103907)4/21/2006 11:17:33 AM
From: LowtherAcademy  Read Replies (1) | Respond to of 132070
 
Hi Mike,
Thought I'd ask a bit of a serious question. I hope you would
take a look at OSF.UN, which is a new Canadian Oil Sand Trust.
Pays 5%/year. Vastly undervalued compared to trust that have been
around for a while.
Regards,
Lew



To: Knighty Tin who wrote (103907)4/21/2006 11:20:40 AM
From: LowtherAcademy  Read Replies (2) | Respond to of 132070
 
Thought this might be of interest to you.

NovaGold Adopts Shareholder Rights Plan
4/19/2006

VANCOUVER, BRITISH COLUMBIA, Apr 19, 2006 (CCNMatthews via COMTEX News Network) --
NovaGold Resources Inc. (TSX:NG)(AMEX:NG) announced today that its Board of Directors (the "Board") has adopted a Shareholder Rights Plan (the "Rights Plan"). The Rights Plan has been adopted to ensure the fair treatment of shareholders in connection with any take-over bid for common shares of NovaGold. The Rights Plan seeks to provide shareholders with adequate time to properly assess a take-over bid without undue pressure. It also provides the Board with more time to fully consider an unsolicited take-over bid and, if applicable, to explore other alternatives to maximize shareholder value.

The Rights Plan is not intended to prevent take-over bids that treat shareholders fairly. Under the Rights Plan, those bids that meet certain requirements intended to protect the interests of all shareholders are deemed to be "Permitted Bids". Permitted Bids must be made by way of a take-over bid circular prepared in compliance with applicable securities laws and, among other conditions, must remain open for 60 days. In the event a take-over bid does not meet the Permitted Bid Requirements of the Rights Plan, the rights will entitle shareholders, other than any shareholder or shareholders making the take-over bid, to purchase additional common shares of the Company at a substantial discount to the market price of the common shares at that time.

The Rights Plan is not being adopted in response to any proposal to acquire control of the Company.

The Rights Plan is subject to approval by the Toronto Stock Exchange and will be presented for ratification by the shareholders at the NovaGold Annual Meeting to be held in late May, 2006. If approved by the shareholders, the Rights Plan will have an initial term of three years.

About NovaGold

NovaGold is rapidly advancing three of North America's largest undeveloped gold and copper deposits: the Galore Creek copper-gold project, the Donlin Creek gold project in partnership with Barrick Gold, the Ambler project in partnership with Rio Tinto, as well as the Company's Nome Operations including: Rock Creek, Big Hurrah and Nome Gold. NovaGold is well financed with no long-term debt, and has one of the largest resource bases of any exploration or development stage precious metals company. More information is available online at www.novagold.net.

Forward Looking Statements: This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward looking statements are statements that are not historical facts and that are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including: risks related to the exploration stage of the Company's projects; market fluctuations in prices for securities of exploration stage companies; uncertainties about the availability of additional financing; uncertainties related to fluctuations in gold prices; and other risks and uncertainties described in the Company's registration statement on Form 40-F and Reports on Form 6-K filed with or furnished to the U.S. Securities and Exchange Commission. Although we believe the expectations reflected in our forward looking statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.

SOURCE: NovaGold Resources Inc.

NovaGold Resources Inc.
Greg Johnson, Vice President
Corporate Communications and Strategic Development
(604) 669-6227 or Toll Free: 1-866-669-6227
Greg.Johnson@novagold.net
NovaGold Resources Inc.
Don MacDonald, CA,
Senior Vice President & CFO
(604) 669-6227 or Toll Free: 1-866-669-6227
Don.MacDonald@NovaGold.net
www.novagold.net
Copyright (C) 2006 CCNMatthews. All rights reserved.



To: Knighty Tin who wrote (103907)4/21/2006 12:31:37 PM
From: Pogeu Mahone  Read Replies (3) | Respond to of 132070
 
Mike since you left smithblaney.
i have not been able to get ONE idea,
ZERO!
ZERO suggestions!
These people are absolute ZEROs!
If i did not bring up the idea, their suggestion was to be in cash!!
funny ashholes
what do these people do?

WTF?