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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 targeting large-scale mineral systems in the districts of Nevada and Idaho. The Company owns a 100% interest in the Limousine Butte and Cedar Wash gold projects in Nevada, and the Nutmeg Mountain gold project and Zeus copper project in Idaho. The Limousine Butte Project is located within the Basin and Range physiographic province of east-central Nevada. The deposits of the Limousine Butte Project are Carlin-type deposits, sediment-hosted, with disseminated gold. The Nutmeg property consists of approximately 1,724 hectares and comprises 210 federal unpatented lode mining claims, 12 patented claims, and two leases of private land. Its Cedar Wash project is a high-potential, advanced exploration prospect located in Lincoln County, 75 kilometers southeast of Pioche, on the southern flank of the Clover Mountains. Zeus copper project is approximately 40 kilometers northwest of the Nutmeg Mountain gold project.


TSXV:NAU - Post by User

Bullboard Posts
Comment by LuvMyGoldon Oct 04, 2006 8:03am
275 Views
Post# 11458841

RE: Undervalued -jays

RE: Undervalued -jaysI believe that the company raised that amount of cash principally in order to meet the listing requirements of the Oslo Stock Exchange. I am sure it will be put to good use -lol! I was told by a friend who is a subscriber to Doug Casey's International Speculator, that he (Casey)considers this company to be considerably undervalued and it could or will be trading at multiples of current price. As I haven't read the article, not being a subscriber, I cannot give an exact quote. Good to have well respected newsletter writers like Casey thinking about our little company! As more folks become aware of NAU, surely our time will come, jmo. GLTA
Bullboard Posts