Resource Investor takes another look at Barrick's bid for NovaGold

1:32a ET Wednesday, August 30, 2006

Dear Friend of GATA and Gold:

Resource Investor's Jon A. Nones has updated the situation with Barrick's attempt to acquire NovaGold, what with more lawsuits and a new valuation of the junior miner, which Resource Investor puts at as much as $73 per share. NovaGold closed Tuesday at $17.50. (Sweet dreams!)

You can find Nones' report here:

http://www.resourceinvestor.com/pebble.asp?relid=23243 [1]

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

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