Well, Well ,, Look here! NovaGOLD guys going to court!

Aurelian Resources Was Stolen By Kinross and Management But Will Not Be Forgotten

The company whose shareholders were better than its management

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abstacey

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Well, Well ,, Look here! NovaGOLD guys going to court!

posted on Aug 08, 2008 06:31AM

Breaking News

Lawsuit Filed Against NovaGold and Certain of Its Officers

00:59 EDT Friday, August 08, 2008

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 7, 2008) -

NovaGold Resources Inc. (TSX:NG)(AMEX:NG) today learned that it and certain of its officers have been named as defendants in a purported securities class action lawsuit filed on August 7, 2008 in the United States District Court for the Southern District of New York.

The complaint alleges, among other things, that the defendants failed to disclose materially adverse facts about the Company's operations and prospects in various public statements and filings from October 25, 2006 through November 23, 2007.

The Company believes that it has substantial and meritorious legal and factual defenses, which the Company intends to pursue vigorously.

"Go get em Boys!"

Good to see the Little guys fight back!

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