Barrick's Donlin move cuts Novagold stock off at the knees. Novagold says it's 'encouraged', Paulson not so much

NovaGold Resources (TSE/AMEX: NG) opened more than 30% lower on Thursday, after Barrick Gold (NYSE: ABX) announced that it is dropping planned investment in a $6.7 billion Alaskan JV with Novagold. By the close the Vancouver-based miner was trading down...