There is a beaten-down stock of a great mining firm with unbelievable ore wealth in the ground. And that’s not all. At the end of the day in the mining business, you invest in management. And (NG) - NovaGold’s management is second to none, with Rick Van Nieuwenhuyse at the helm. Now you can buy both the resources and the management, and Rick’s outstanding vision for his company, at a 50% discount. What a deal! Unlike in horseracing, in mining, you should bet on the rider, not the pony. NovaGold is a long-term call on great management and a company that controls world-class resources of copper and gold in Alaska and Canada.
Action to take: Buy NovaGold Resources Inc. (NG: AMEX) up to $11.00 per share. Use any pullbacks to accumulate shares. This stock should double in 2008.