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Nevada Exploration Inc V.NGE

Alternate Symbol(s):  NVDEF

Nevada Exploration Inc. is a Canada-based exploration company focused on gold exploration in Nevada. The Company is engaged in the acquisition, exploration, and development of resource properties. It owns approximately 35,467 hectares of mineral claims in Saskatchewan. Its projects include South Grass Valley, Kelly Creek, North Grass Valley, Awakening, and others. The South Grass Valley Project is located approximately 50 kilometers (km) south-southwest of Barrick Gold Corp.’s Cortez complex, within the specific region of north-central Nevada known for Carlin-type gold deposits (CTGDs). The Kelly Creek Project is located approximately 40 km north-northwest of Battle Mountain in Humboldt County, Nevada, in the larger Kelly Creek Basin. The Awakening Project is located in Humboldt County, Nevada, 50 km north-northwest of Winnemucca, and approximately 4,000 meters north of the 4.8-million-ounce Sleeper Gold Mine. The North Grass Valley Project is located in Lander County, Nevada.


TSXV:NGE - Post by User

Bullboard Posts
Comment by realtyon Feb 28, 2019 6:49am
69 Views
Post# 29421602

RE:RE:Timing of Release

RE:RE:Timing of ReleaseBackspace, Is it an over reaction for JK to state that NVDEF doesn't understand what is going on with the geology or hydrothermal system? Even JK states that its time for them to bring in a partner to assist and put a better program together. Is it an over reaction for some here to state that they released this news release on purpose to dampen retail investor enthusiasm and pressure on them? If they are feeling pressure, well they should, shouldn't they? I mean this is a world where businesses are judged and based on production, results and profits? NVDEF itself said it was beginning to vector months ago, but it doesn't seem like vectoring, does it? It seems like they are a little all over the place. It seems like they are drilling north, then south, then here and there, which makes sense if they don't understand what is going on, which creates a poke and hope campaign. I am not crucifying anyone here. All I am saying is that maybe the NVDEF team needs help to figure this one out. 70% giveaway for millions of dollars of investment/financing money is pretty typical these days with junior miners unless they have discovered a deposit already. I would hate for the NVDEF team to spin its wheels for another year and obtain financing after financing to have to give 70% of the project away anyway at a later date. So much for vectoring? What data is the company using to vector? They haven't stated that they see something here so they are drilling here. JK and others have stated that they don't understand what is going on, which means exactly that....they don't understand it. So should they get some help with it from a bigger company or keep trying to figure it out? I dunno. Realty
Bullboard Posts