NovaGold Resources, Inc. (USA)

  • Despite Losing Big, John Paulson Still Loves Gold

    By Sam Mattera - July 23, 2013 | Tickers: AU, NG, GLD

    Hedge fund titan John Paulson has received a lot of negative press in recent months over his firm’s gold position. Paulson’s fund, Paulson & Co., maintains a sizable investment in gold.

    But as gold has tumbled, Paulson’s gold holdings have performed terribly. According to Bloomberg, in June, Paulson’s gold fund was down as much as 65% this year.

    Despite suffering enormous losses, Paulson sees no reason to more »

  • 4 Single-Digit Commodity Plays: 2 to Buy, 2 to Avoid

    By Sammy Pollack - July 10, 2013 | Tickers: ANR, ACI, KOL, NG, SSRI

    So far, 2013 has been very unfriendly to commodity and commodity stock investors.  Commodity price weakness has led to massive sell-offs in many commodity-producing companies. Certainly, in the future some of these beaten-down names will look like bargains at current prices, while others will likely be out of business. Just as the assault on financial stocks in 2008 created some great opportunities so to has the current sell-off in commodities more »

  • 3 Mining Plays in Gold

    By Chris Lau - March 5, 2013 | Tickers: ANV, ABX, NG

    Investors watching gold companies are wondering when they will stop falling, while those who have yet to invest in them are wondering when to start a position. Allied Nevada Gold (NYSEMKT: ANV) is down 49%, while NovaGold Resources (NYSEMKT: NG) is down 53%. Both companies are of particular interest because legendary value investor Seth Klarman, who founded Baupost Group, holds both companies. In Q4 2012, Baupost built up a 2 more »

  • Interesting Gold Play That Seth Klarman Likes

    By Mike Thiessen - February 13, 2013 | Tickers: ABX, NCQ, NG

    During the summer of 2012, shares of NovaGold Resources (NYSEMKT: NG) tumbled in the wake of an announcement that production at the Donlin Creek gold play would be delayed for several years. Like mining giant Barrick Gold (NYSE: ABX), NovaGold owns a 50 percent stake in the property's potential proceeds. Obviously, a diversified miner like Barrick can afford to sit on Donlin Creek for far longer than a smaller more »

  • A Diverse Approach to Gold

    By Nihar Patel - January 14, 2013 | Tickers: ABX, NG, GLD

    With enough money you can diversify everything into little pieces, but for gold I have my own reasons for wanting diversity in how you expose yourself to the metal. I am surrounded by people who believe that gold is a one way trip. Clearly they do not remember 1980 or 1981, and neither do I, because it was a bit before my time. Then there is what happened to Spain more »

  • How to Safely Invest in Gold

    By Piyush Arora - January 14, 2013 | Tickers: ANV, ABX, NG


  • Billionaire Jeffrey Vinik’s Favorite Mining Stocks

    By Meena Krishnamsetty - December 15, 2012 | Tickers: AEM, ABX, CCJ, KGC, NG

    Jeffrey Vinik first became famous for his success at Fidelity Investments as the head of the Magellan Fund. After leaving Fidelity, he started a hedge fund; but within five years the fund had been so successful that Vinik returned money to outside investors. When we went through his 13F filing for the third quarter of the year, we noticed a number of mining stocks among his top holdings. Read on more »

  • What’s the Best Way to Invest in Gold?

    By Meena Krishnamsetty - December 11, 2012 | Tickers: AU, GFI, IAG, NG, GOLD

    Billionaire John Paulson founded Paulson & Co. in 1994 and has become famous for his bets against subprime mortgages. Paulson’s strategy focuses on macro-themed investments rather than picking individual stocks. Paulson’s big themes in the past have been betting against banks during the financial crisis, and then betting on them during their recovery. Paulson’s most recent bet has been on gold, where in 2010 he made upwards of more »

  • 5 Stocks for the Ongoing Gold Boom

    By Meena Krishnamsetty - November 13, 2012 | Tickers: ABX, GG, KGC, NEM, NG

    Gold stocks are still solid bets given the expected rise in gold prices. This is in part driven by the Fed’s announcement to keep rates near zero through mid-2015; check out the gold stocks you should own to play QE3. Gold has been in steady ascension since 2001 and not only is the Fed helping drive gold prices higher, but continued geopolitical and international sovereign debt concerns are also more »

  • Junior Miners are Little Companies With Huge Potential

    By Nihar Patel - October 18, 2012 | Tickers: FSM, NGD, NG

    The simplicity of the business of mining appeals to me. Get valuable stuff from the ground and make a profit. Obviously most business can be distilled to that level, but mining is unique because it provides such a base material. There are huge mining companies in the world, and they have safety as an investment. However, they have been worked over by so many eyes that it might be more »

  • Is Barrick Still on Top?

    By Douglas Ehrman - October 1, 2012 | Tickers: ABX, GG, KGC, NG

    Just as the range of opinions on the near-term future of gold is diverse, so are those opinions which address the best way to gain exposure to the popular yellow metal. While the options range from investments directly in the commodity – in either physical gold or financial trading instruments – to investments in exchange-traded-funds (ETFs) or individual mining stocks, the consensus is that an allocation to gold is appropriate. Given a more »

  • This Gold Stock has yet to Truly Shine

    By Meena Krishnamsetty - March 28, 2012 | Tickers: AU, ABX, GDXJ, GDX, NG

    Gold has had a nice run up since late last week, giving us reason to take another look at gold equities. However, the Market Vectors Gold Miners ETF (NYSEMKT: GDX), comprised primarily of major gold mining companies, declined 16.3% in 2011. GDX has been quite volatile and is currently hovering around the ~$50 mark. The Market Vectors Junior Gold Miner ETF (NYSEMKT: GDXJ), which is the benchmark for the more »