NovaGold Resources, Inc. (USA) (NG)

NovaGold is a growth company focused on gold
exploration, development and mining. The Company
has one of the largest resource bases in the world
relative to its peers, located entirely in North America.
Over the course of 10 years NovaGold has acquired
and systematically advanced a portfolio of projects to
create shareholder value. NovaGold’s resource base
has grown from 500,000 ozs of gold in 1998 to 27.7
million ozs in mid-2008. The growth and success
comes from NovaGold’s experienced exploration
team and its ability to forge collaborative partnerships
with Native Alaskan and First Nations groups, local
communities, major mining companies and
regulators.

gold is on its way up! Inflation around the corner makes this small miner a big winner in my book. It might be a bumpy road for the short term as gold fluctuates, but NG will profit greatly as gold settles into a firm upward direction. It's a promising commodities play.

Beaten down, highly rated GOLD with Specbear and Cipostripes behind it.

No debt, increasing equity and financing for operations. What more could one ask for right now?

GOLD vs.. the dollar....hmmmmm....

Gold will break $1,000/ounce soon as the USD continues to weaken.

NovaGold has been oversold due to some delays in commercial production, but with the weakening dollar, gold stocks will rise substantially in 2009

NovaGold - Canadian based junior gold miner with operations and interests in Alaska and British Columbia. They are an exploration and development company. This is a great company, but there are so many issues:

The Good:
- Donlin Creek has one of the largest gold deposits in the world, 14.7M oz gold measured and indicated (M&I)
- Nome Operations has 1.8M oz gold M&I
- Galore Creek *** (issues, more in a minute) has 3.6M oz gold, 61.6M oz silver, 4.5B lb copper M&I
- They are probably the most environmentally responsible miner out there. They are building hydoelectric power plants, pipelining concentrate instead of trucking, etc.

The Bad:
- In November, operations at Galore Creek were suspended. This is a joint partnership with Teck Cominco. No news yet on when this will resume.
- So many headaches and false starts. They tried to raise money through an offering of senior controvertible notes. Then they changed the amount. Then they went going to offer. Then they were. Then the amount changed again.... This was painful to watch back in March.

Where we are now:
A lot of investors have gotten tired waiting for this company to make up its mind. In April the stock price bottomed around $7. But it has finally started climbing back up, and I believe this is indicative of the future. There is so much potential in their mines, even just considering Donlin Creek, Nome and Rock Creek. With gold back on the rise, NG should start digging itself out of its hole. I have been cost averaging on the way down and now am in at a cost basis of $8.40. I think NG will be heading up nicely from here.

Gold and Silver - Relationship to the USD
Gold and Silver are money. Most people think they are commodities, which is not inaccurate. To some degree they are; Gold is a reasonably useful industrial material, and silver is a highly useful industrial material. But gold and silver's value is because they have represented wealth for so long. They are money, and they have value because they are non-dilutive.

Why is Gold and Silver going up? The question is incomplete. The complete question is why is gold and silver going up relative to the US Dollar. Remember, gold and silver are money. And like any form of money it must be valued relative to other currencies. Gold and Silver are going to continue their rise (in terms of USD) because of the extremely inflationary actions of the FED and the current government (and most likely the next government as well). It is a very sad and very unfortunate fact that the USD is being debased and devalued by the current government's fiscal policy. The US Dollar Index is on a very steady decline. There is no reason for it to rise in the current environment. The FED is printing money and trying to inflate the US out of its current economic dilemma. In order to make any kind of dent in inflation The FED has to take a much tougher stance. ... Their most recent "tough talk" on inflation... "We may not cut interest rates next meeting, and it might stay at 2% for the next several sessions"... Wow, that is the FED being "hawkish" on inflation. Meanwhile liquidity is being pumped into the system and the dollar is being devalued.

The recent gold and silver correction has provided a good buy-in opportunity. It is already on it's way out of the correction, having made up >50% of its retracement already. It is not too late yet. Once gold goes back over $1000 again, there is nothing on the horizon to hold it back. The FED has made it clear that dealing with inflation takes second seat to proping up the financial system. Unless something drastic (such as a major rise in interest rates) occurs, gold and silver will keep rising. And even with a major interest rate rise, that would only delay the upward progress. The US is still accumulating bad debt, and is still backing those loans by rapidly depreciating assets. Until there is a major recession and house prices come down substantially from where they are AND the US economy transitions from consumption based to production based, the USD will continue its death spiral. Gold and Silver will continue to rise.

Gold and copper are extrmely attracive now NG is in position to take advantage of this sceneria. Buy now.

Gold has made substantial gains

When things turn around it will be a result of the governments around the world having pumped money of all kinds into the system. This will cause a surge in inflation as economies start to tick up. That's why I've been and continue to be bullish on precious metals and the miners of said metals. Really, anything that is sensitive to inflation is a good place to be.

The armageddon nuts and gold bugs always think that gold is the place to be, but in this case that does not mean they are wrong.

You can blame TMFBreakerDave for me adding pitches to so many of my picks.

NG has a too high valuation compared to its sales potential. It is also loss making at least until 2011.

Issues from '07 seem to be discounted, at last. Joint venture with Barrick at Donlin Creek Alaska, one of the larger gold reserves in the world, according to assayers (29 million ounces, you do the math.) Still, little known and underfollowed. If you, like me, believe our economy (and, perhaps the world's economies) is heading into unchartered waters (thanks to the "smart guys" on wall street who got us into this mess) in which paper assets will decline and hard assets will appreciate, then gold will be among those assets, perhaps at the top of the list. Even if we emerge from this relatively unscathed, an exploding middle class throughout the world (and the ensuing inflation) will dictate future prices. Since the beginning of subprime last summer, it has been the pessimists who have been most correct, NOT the optimists, and they continue to say it is far from over. Listen to Jim Rogers, Louise Yamada, and Dennis Gartman, to name just a few. See this article at MSN Money:
http://articles.moneycentral.msn.com/Investing/SuperModels/WhyWallStreetRescuesAreFailing.aspx
Do click on Satyajit Das

NovaGold can just sit back and relax. Don't rush into mining just yet. Just wait for gold to go to $2500/oz then sell their gold mines for big bucks...

sounds solid.

Large gold and copper resource in Canada. Major partners in both Barrick and Teck.

Speaks for itself

They have tremedous prospects in their mines and own a few of them. I have read the specifics but don't feel like typing them. NovaGold.com and look under their news section, it gives good insight.

I thought this was a bargain when I picked it up at $7/sh in the real world. Main attraction is that they are in Canada/US. I'm sitting on a goose egg with AU because of the lack of electricity in South Africa so I'm focusing on metal mines in the BRAC (Brazil, Russia, Australia, Canada) countries, nice and stable.

This stock is a great choice. By evaluating this company and looking at their growth pattern and their marketing strategies this is a sure fire stock to pick. This company has great leadership with the ability to think outside the box. With the possibility of some future acquisitions this has all the ingredients for wonderful success, short term and long term both. Keep up and watch out. With this outlook ahead, we should also look to the left and right (aka their competion) for huge leaps as well. If you have a little on the side I say diversify within the sector and buy from all the competetors too for they also are looking very solid. That is my pick and I am sticking to it.