On December 31, 2023, Paulson & Co., led by renowned investor John Paulson (Trades, Portfolio), made a significant addition to its investment portfolio by acquiring 23,541,483 shares of Novagold Resources Inc (NG). The shares were purchased at a price of $3.74, reflecting a strong belief in the future prospects of the mineral exploration company. John Paulson (Trades, Portfolio), the President and Portfolio Manager of Paulson & Co. Inc., is a prominent figure in the investment world.
John Paulson (Trades, Portfolio)'s firm, Paulson & Co., has recently made a notable addition to its investment portfolio by increasing its position in International Tower Hill Mines Ltd (THM). On January 18, 2024, the firm added 2,268,256 shares of the Canada-based mining company, at a trade price of $0.54 per share. This transaction has expanded Paulson & Co.'s total holdings in THM to 64,198,980 shares, marking a significant move for the investor known for his strategic plays in the financial markets.