Novagold Res Inc (NYSEMKT:NG)

CAPS Rating: 2 out of 5

The Company is engaged in the exploration and development of mineral properties in Alaska and western Canada and is primarily focused on gold properties, some of which have significant copper and silver resources.

Recs

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Player Avatar TMFCop (85.27) Submitted: 7/27/2012 8:59:13 AM : Underperform Start Price: $4.07 NG Score: +60.70

Without Donlin Creek, where does NG go? It spun off Ambler, it sold Rock Creek, and it's selling Galore Creek. All the chips were being bet on Donlin. It's possible it could decide against selling Galore Creek now, but it has a lot less levers to pull now than it did before.

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