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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

Comment by sysaphuson Oct 29, 2011 4:56pm
367 Views
Post# 19192824

RE: RE: I'll save the tinfoil hat crowd some time.

RE: RE: I'll save the tinfoil hat crowd some time.Please tell me you are just trolling us with those figures. Or just trolling us in general. You do know Nau has almost a QUARTER OF A BILLION shares out don't you? This makes the amounts you're talking about inconsequential. Many companies trade that much and more in a day let alone a week or month. So no proof there. Those figures mean absolutely nothing. As for the brokers selling, the broker is always listed as the buyer or the seller. Sometimes a broker could sell into the market but more often it's the broker's client who is selling through the broker whose name, since they're selling on behalf of their client, is the only one shown. So much for your proof. Normal market conditions explain everything that is going on with this: junior non producing commodity miner, rather large float, global turmoil in commodities markets, financing delayed for a year. Dude those are reasons enough to explain the price. One doesn't need to make any up too.
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