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NevGold Corp T.NAU


Primary Symbol: V.NAU Alternate Symbol(s):  NAUFF

NevGold Corp. is a Canada-based exploration and development company targeting large-scale mineral systems in the districts of Nevada and Idaho. The Company owns a 100% interest in the Limousine Butte and Cedar Wash gold projects in Nevada, and the Nutmeg Mountain gold project and Zeus copper project in Idaho. The Limousine Butte Project is located within the Basin and Range physiographic province of east-central Nevada. The deposits of the Limousine Butte Project are Carlin-type deposits, sediment-hosted, with disseminated gold. The Nutmeg property consists of approximately 1,724 hectares and comprises 210 federal unpatented lode mining claims, 12 patented claims, and two leases of private land. Its Cedar Wash project is a high-potential, advanced exploration prospect located in Lincoln County, 75 kilometers southeast of Pioche, on the southern flank of the Clover Mountains. Zeus copper project is approximately 40 kilometers northwest of the Nutmeg Mountain gold project.


TSXV:NAU - Post by User

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Post by Lehighgulchon Feb 05, 2013 10:06am
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Post# 20939601

Where is the Plan going forward

Where is the Plan going forward

What seems to be missing is a definitive plan going forward.  In a release on the Bors this today Northland stated it had cash balances to cover current comittiments.  what happens after Current?  what is plan B?  Are there to be managment changes?  How long before there are layoffs? Solid managment would have had alternatives thought out and in place if plan A did not work.  They had plenty of time to think this through.  The short fall could not have happend overnight.  They need help that can calmly sort through this mess.  Maybe what is need is a little gray hair with a clear eye.

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