The Investment Doctor
Long/short equity, value, debt, base metals

NovaGold's Donlin Creek Is Better Than Livengood


NovaGold (NYSEMKT:NG) owns two of the world's largest gold projects in the world, but just like I explained in my earlier article in International Tower Hill Mines (NYSEMKT:THM), just because a company has a lot of gold on its property, it doesn't mean it has a profitable gold mine. So I wanted to check whether or not NovaGold's projects are better than International Tower Hill's Livengood project which is worthless at the current gold price.

Source: technical report

Just like International Tower Hill, NovaGold is a Canadian company reporting in US Dollars which is nice as I don't have to convert any currencies. There's plenty of liquidity on its NYSEMKT listing as the average daily...

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