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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 jaysbc44on Mar 09, 2012 7:38pm
249 Views
Post# 19652023

RE: RE: Holy mackeral .! $350 million @13%

RE: RE: Holy mackeral .! $350 million @13%

I don't think anyone would have minded an equity financing for 1oo million shares. The management had numerous chances to raise capital at $3.00+, instead of wasting 22 months misrepresenting the bank loans would go through. The stealth method management used was unacceptable. The chose to ignore the PDAC last year, probably could have had a N.American bank do our financing. Instead they threw existing shareholders to the wolves, once again rewarding Pareto for continually dumping our stock...at a 45% discount none the less. Just reeks of shady business. How Co. can reward these donkeys for manipulating our s/p for years is beyond reason. Time to get a clean slate...management must go, too much upside to be 70% down in the last year.      Dear Santa, all i want this year is peace on earth(actually forget that...NEW COMPETENT MANAGEMENT for NAU). Waited 22 months for junk bond. Good job Anders, KAW, etc.

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