"This is definitely two steps back for NovaGold," Salman Partners analyst Haytham bHodaly/b said of Monday's announcements. "Its only option right now to not default on the bridge loan is to do some asset sales."bHodaly/b said the Galore b.../b
Haytham Hodaly, an analyst with Salman Partners Inc., added that the financial crisis will likely result in a weaker US dollar, which will push investors to the "safe haven" of precious metals. "I think what's going to happen is the ...
For precious metals miners, there may be a light at the end of the tunnel. Commodities like gold and silver are viewed as safe havens for investors in times of financial crisis, said Salmon Partners Inc Haytham Hodaly. ... 14 Vote(s)