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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 jaysbc44on Jan 25, 2012 12:10am
360 Views
Post# 19445285

Let's Hope No New Equity

Let's Hope No New Equity

As a shareholder I'd definitely rather pay an extra percentage on a loan, then for Anders give his buddies more shares to screw us over. Our last placement PAS and ESO blew out shares to knock down financing price. Although I don't have the exact figures I believe in 2010(last equity issue)PAS were net sellers of 10 million shares, while ESO dumped 7 million. Last year PAS dumped net 7 million, while ESO dumped 2 million. Both have already dumped over 2 million this year. Their MO is blatentantly obvious, and if management is stupid enough to involve ANY NORWEGIANS...they should be flogged first, fired second. Just my opinion of course.

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