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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. The Company is targeting large-scale mineral systems in the proven districts of Nevada, Idaho, and British Columbia. Its projects include Limo Butte Property, Nutmeg Mountain Property, Cedar Wash Property, and Ptarmigan Property. The Company’s Limousine Butte Property is located in east-central Nevada approximately 105 kilometers north of Ely, Nevada, and encompasses approximately 6,650 hectares. The Cedar Wash is an exploration-stage gold property located approximately 300 km South-Southeast of Limousine Butte in Lincoln County, Nevada. The Company’s Ptarmigan property is located in the Purcell Mountains, approximately 35 kilometers west of the village of Radium Hot Springs in southeastern British Columbia and comprises 9,287 hectares. The Nutmeg Mountain property is located in Western Idaho, comprises 1,724 hectares of Federal unpatented mining claims, 12 patented claims and two leases of private land.


TSXV:NAU - Post by User

Comment by sysaphuson Mar 06, 2012 9:11pm
212 Views
Post# 19636250

RE: RE: RE: RE: RE: Oslo Bors Investigation

RE: RE: RE: RE: RE: Oslo Bors Investigation

The other thing is that these guys have very little room to manoeuver if they actually intended to be a profitable miner. Huge dilution, a huge bond, and forward selling their product has left them very little room for profit over the foreseeable future.

This looks to have been not much more than a vehicle for the insiders to make a pile of money on. Looks like the product was secondary all along.

 

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