| Veteran Investors Bob Moriarty and Adrian Day Interviewed by The Gold Report | |
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SAN FRANCISCO, CA--(Marketwired - December 02, 2015) - In this interview with The Gold Report, veteran investors Bob Moriarty of 321gold.com and Adrian Day of Adrian Day Asset Management share their messages to mining company CEOs and investors about advancing frugally to avoid being left in the dark. To make investing in teams doing the right things even easier, they identify a dozen companies that have already taken the contrarian advice to heart. Included in this interview are: Silver Wheaton Corp. (SLW.TO)(SLW.TO), Pretium Resources Inc. (PVG.TO)(PVG.TO), NOVAGOLD (NG.TO)(NYSE MKT: NG) and Midland Exploration Inc. (TSX VENTURE: MD). Bob Moriarty, founder of 321gold.com, has some advice for CEOs of mining companies: "Hoard your money when the market is bubbling, and spend your money when the market is dying." It seems obvious, but in his words, the majority of investors are "sheep who will lose their money." Pressure from conservative investors can make it difficult for resource managements to make smart decisions. That is why he focuses on the companies that already got the message about the importance of adding value when everything is on sale. Adrian Day, founder of Adrian Day Asset Management, wants to see companies move forward while still conserving cash. "It's not easy. But a joint venture can help offset work expenses. If a company is constantly raising money in a depressed market, the stock can just collapse," he warns. About Streetwise Reports/ The Gold Report Investors rely on The Gold Report to share investment ideas for the precious, base and critical metals sector. Our exclusive interviews with leading industry experts and analysts provide a clear picture of the causes of macro-economic shifts and the strategies that help you capitalize on developing trends. DISCLOSURE: Silver Wheaton Corp., Pretium Resources Inc., NOVAGOLD and Midland Exploration Inc. are sponsors of Streetwise Reports. Bob Moriarty and Adrian Day had final approval of the content of the interview and are wholly responsible for the validity of the statements. Opinions expressed are the opinions of Mr. Moriarty and Mr. Day and not of The Gold Report or its officers. The interview does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility.
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NovaGold Resources Inc
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PRODUCER |
CODE : NG.TO |
ISIN : CA66987E2069 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
NovaGold Res. is a gold development stage company based in Canada. NovaGold Res. develops gold, copper and silver in Canada, and holds various exploration projects in Argentina and in Canada. Its main asset in production is ABO in Canada, its main assets in development are ROCK CREEK (NOME) and GALORE CREEK in Canada and its main exploration properties are SEVERANCE, GALORE CREEK - COPPER CANYON and SADDLE in Canada and DONLIN CREEK, AMBLER, BIG HURRAH and SAN ROQUE in Argentina. NovaGold Res. is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 1.4 billions as of today (US$ 991.0 millions, € 929.7 millions). Its stock quote reached its lowest recent point on March 02, 2001 at CA$ 0.13, and its highest recent level on April 01, 2022 at CA$ 9.99. NovaGold Res. has 321 649 984 shares outstanding. |