NevGold Corp T.NAU

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

Metals & Mining Industrial Metals & Minerals

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

NevGold Corp > 90% down in 3 trading day and...

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Comment by xmasteron Jan 28, 2013 9:06pm

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Post# 20902887

RE: RE: RE: 90% down in 3 trading day and...

so it was trading for around a buck prior to this annoucment which give valuation of 514 million dollars. If they are able to raise 250 million then lets assume project will go ahead as initially planned and we would return to full valuation of 514 million dollars but now with 3 billion shares fload as you calculated.

That gives me 17 cents per share value in the intermediate term.

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