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

To: orkrious who wrote (128)	11/22/2006 11:09:48 AM
From: Jacque Legg	Read Replies (1) \| Respond to of 137

I also have an hedge to cover my backside on that bit. My overall strategy is on track. When I say a 'floor price', I mean only while Barrick is interested. They have been NG's biggest benefactor to-date. Rick is looking a gift horse in the mouth. They are inside now and whereas there are rules that now apply to what they do, they can make a big fuss on the inside. I presume that you have not seen Barrick is action before UP CLOSE. They are very good guys but far too clever. They never over pay for anything. Believe me they intend to get full value for the $1.00 per share they paid for Pioneer (it was $0.40 in June). Grace is the only real asset that Pioneer had. I also presume that you have not seen Rick in action UP CLOSE. Certainly a role model in emphasising/imagining the positive and ignoring the difficult realities. You are well ahead if you bought in the spring or before. So you shouldn't one of the ones that has to take a loss. Good luck on your venture here

To: orkrious who wrote (128)	11/29/2007 1:31:29 AM
From: NYBob1	Respond to of 137

RE: From the North Posted By: stockmuffin Post Time: 11/28/2007 I appreciate your post. You have all the correct facts here. Everyone up here who has been involved with the construction of this project knows how easily the cash has been spent. I still feel that something is 'up' tho....Nova Gold was considering shutting the construction down over the course of the winter months and re-starting in the Spring. 'Because of the high winter operations costs'. A week ago they announced that they would not shut down for the winter and would be spending upwards of 2mil or so to keep the construction going thru the winter. This decision was no sooner made when the sudden news to close down came out on the 26th. It just seems to me that this decision came from another source, not one being made solely by Nova Gold. Looking at their handling of costs to date and then the decision to keep going forward with this easy spending, to suddenly being shut down, just seems like there is more to this story than what has come out so far.