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Gold/Mining/Energy : NovaGold Resources Inc. (NG) -NYSE MKT -- Ignore unavailable to you. Want to Upgrade?

To: ItsAllCyclical who wrote (126)	4/15/2020 9:00:28 AM
From: The Ox	Read Replies (1) \| Respond to of 129

I have to dig more myself. The questions I had about the company 5 or 6 years ago, some are ongoing and others have been addressed by management with their actions over the years. I2 had a long wait but not an outrageous wait for the stock to be recognized (by it's price appreciation). If you have to wait 6 years for your stock to become a 4 or 5 bagger, no big deal for those who are willing to invest in a company. In fact, it's what most investors hope for, getting in on the (relatively early) ground floor before the elevator ride to the penthouse. NG is still early in the process of opening the mine for production. It looks like it should produce for a couple of decades, so we (still) may be in the very early innings of this baseball game analogy.