NOVAGOLD RES INC

Ticker: NG CUSIP: 66987E206 Class: Common Stock

STRATEGIC INVESTMENT MANAGEMENT, LLC's Holding History (CIK: 0000846633)

Note: Option positions (PUT/CALL) are excluded.

Q1 2016
Shares 10,386 Value ($000) $52 Avg Close $4.60 Range $3.50 - $5.57
Q1 2015
Shares 30,475 Value ($000) $90 Avg Close $3.50 Range $2.72 - $4.14