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 > Financing should come before 4:30 pm..

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Comment by diggingdeeperon Jan 29, 2013 12:36pm

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Post# 20906261

RE: RE: RE: Financing should come before 4:30 pm..

I am afraid the press release of today is just Northland ”speak” for ”we are having trouble getting this placed”. Who is going to take a significant position in this equity offering given the skeletons the company might have in the closet?

The Board should have sacked Hvide and Waplan, done a public mea culpa and appointed an interim management team. Hvide and Waplan are now universally hated in the Swedish media with headlines reading ”economic mass murder” and ”kindergarten children could have done a better job”. 10,000 Swedes were holding NAU through Avanza.

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