Northgate Minerals i.e.NXG has proven and probable reserves of 1278599
ounces of gold.The market cap of NXG is 619,57 millions.They also got
some small amounts of copper reserves.
Compare this with Nova Golds 21.000.000 ounces of gold and 16.000.000
pounds of copper and a market cap of 900 millions.
Its a little bit scary how inefficient the markets can be,but it also
shows us the upside potential of Nova.Its huge.Its enormous.
Nobody investing in Novagold will be disappointed.Galore Creek and
Donlin Creek are two of the largest deposits in the world.
Luckily enough the precious metal investor Electrum has a giant part
of the company.They will never sell under 30 dollars.