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


To: Jacque Legg who wrote (127)11/22/2006 9:32:33 AM
From: orkrious  Read Replies (2) | Respond to of 137
 
You are correct about one thing, ABX has put a floor under the price. Essentially, anyone owning the stock also owns a put with a strike of 16.

I'm not at all concerned about what you call a tailing issue. Why do you say Rick isn't being upfront about it?

I've owned NG a long time and it's been a huge winner. In fact, it's my largest holding at over 20% of my PF. I have no worries. You were short the stock 4 weeks ago. I'll bet you're not happy.