Re: Novagold

Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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golfyeti

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Re: Novagold

in response to

Novagold

MoneyK

posted on Oct 18, 2021 10:53AM

How can they possibly trade at 3B+ market cap with only a 50% stake in their Donlin project?

I'm inclined to say: Management Credibility. It always gets reflected in the share price, as we have very unfortunately learned here.

JMHO

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