Bering Boy

How Much Is NovaGold Worth?

Nawar, concerning the knowledge Barrick had when pursuing NG: Barrick management was just done swallowing Placer Dome who had the institutional knowledge of the DC project. Driving Barrick's offer was a drop dead date on investment in DC or to take a 30% stake instead of 70% with NG. With very little in the way of feasibility planning, they tried to circumvent the deadline by buying out NG. In regards to their knowledge of the doing business at this isolated location at the time of the offer, I'll reiterate they had very little notion of the challenges.