Marketfolly recently posted a talk with The Baupost Group’s Seth Klarman from 2009, which some may remember as quite an interesting time in the markets. Mr. Klarman is considered one of the ‘great’ value investors and his words and writings are devoured by both aspiring and professional investors alike. The talk hits on a number of interesting areas (and… Read More »
Another year has come and gone which means that we have all been inundated with a million ‘Look Back’ and ‘Best Of/Worst Of’ pieces for the past few weeks. I always found this to be an interesting and immensely boring phenomenon as we just lived through it. Should be pretty fresh in our memories. We are nothing but… Read More »
NovaGold (NG) recently provided an update on its planned spinoff of its Northern Alaska Ambler copper deposits. Since that doesn’t quite roll off the tongue, the new company will be known as NovaCopper. Click here for our earlier article on this topic. Shareholders of NovaGold will receive 1 share of NovaCopper for every 6 shares of NovaGold owned. More… Read More »
NovaGold(NG) has a great story. It owns a 50% interest in the Donlin Gold project in Alaska, which a recent feasibility study projects can average 1.5 million ounces of production at $409/oz for the first 5 years, as well as two other major prospects. It has a market cap of over $2 billion. It counts George Soros, John… Read More »