Dual-listed NovaGold Resources on Monday published two statements lambasting the recent report by short-seller J Capital Research (JCAP), in which it expressed its doubt over the mining firm’s plans to build a mine with gold major Barrick Gold in Alaska.
In a detailed and lengthy response, NovaGold goes through the JCAP report line-by-line, highlighting what it believes are misleading and false statements.
President and CEO Greg Lang also confirmed that NYSE American- and TSX-listed NovaGold is assessing the legal options available to it in various jurisdictions.