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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

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Post by Lehighgulchon Feb 05, 2013 10:06am
193 Views
Post# 20939601

Where is the Plan going forward

Where is the Plan going forward

What seems to be missing is a definitive plan going forward.  In a release on the Bors this today Northland stated it had cash balances to cover current comittiments.  what happens after Current?  what is plan B?  Are there to be managment changes?  How long before there are layoffs? Solid managment would have had alternatives thought out and in place if plan A did not work.  They had plenty of time to think this through.  The short fall could not have happend overnight.  They need help that can calmly sort through this mess.  Maybe what is need is a little gray hair with a clear eye.

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