NG Assets Demand Attention

IMARU CASANOVA, McNicoll, Lewis & Vlak, LLC The Gold Report Interview with Ima Casanova (04/06/2011)
"NovaGold is a very interesting company. It has a 50% stake in two main projects, the Donlin Creek project in Alaska and the Galore Creek project in British Columbia. These projects are in an early stage of development and we estimate first production will not come until 2017. Despite this, NovaGold is one of those companies you can't afford not to consider.
You have to pay attention to it because of the size of the assets and also because of the strong partnerships. Barrick is the partner at Donlin. Teck is the partner at Galore. Both are multi-million ounce deposits, which are rare. The company also has another project, Ambler, that's less advanced. But, it's looking very promising and could unlock a lot of additional value for the company. So, that's another positive. My analysis suggests a target price of more than $18. The stock is trading at around $13.25, so we think there's considerable upside there. The management is solid. The company's gone through some difficult times. But it has, indeed, recovered and this has brought in some solid investors."
 View Entire Article: Ima Casanova Uncovers the Under-Covereds

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