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Galore Creek's World Class Copper Deposit
We attended the 2006 Denver Gold Forum. The theme was symbolized by a road sign warning “Mergers Ahead.” This reflected our opinion alerting shareholder’s of the unsupportable tender offer of NovaGold Resources Inc. (AMEX, TSX: NG) by Barrick Gold Corporation (NYSE: ABX). Both company’s presentations are well worth attending and revisiting. We were interested in ABX management’s presentation and specifically the calculation of their acquisition of Placer Dome. We were particularly interested in their inclusion of copper which has not received sufficient attention. See full report.
