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NovaGold Resources Inc. Message Board

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  • endurance07 endurance07 Jun 2, 2009 2:04 PM Flag

    In at 5.93... IM NEVERVOUS

    If you bought for the right reasons then that is all that matters. Barrick gold wanted this company for $15 and NG turned it down. Now we have greater reserves. Some say this company is worth $23 at min. here. It was over $30

    The senior gold companies are wratching up their money. Just yesturday GG got another bank loan. Who will they buy out next? I'm sure NG has gotten everyones attention as of late.

    As gold and silver rally so will this company. Long term yu probably will be happy. If gold hits 2,000 an ounce next year how much will the company be worth? Hmmm... $46 conservativly? or 60-70?

    When you buy a stock you have to have a system or strategy. You sound like a newbie. The hardest thing to learn is when to sell. Buying is easy. You should set a target price as to when you want to sell. If it goes down a little do you have the patience or guts to stick it out or are you going to put a stop loss. Personally I think you arte ok with the entry price. As for me I'm fully invested I can't buy anymore.

    Soooo.... Good luck.

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5.85-0.21(-3.47%)Aug 23 4:00 PMEDT