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 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.

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NevGold Corp

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Post by jaysbc44on Nov 23, 2007 3:41pm

76 Views

Post# 13859469

Undervalued

Wow, we've been getting hammered. Our marketcap is 321 million fully diluted. With 130 million in the bank, million ounces of gold(820/oz), 350 million tonnes of NI 43101 iron ore. After withdrawing cash from m/c= 190 million. Barsele property was valued at 85 million in the ground. so the market is giving us a valuation of 105 million instead of 35 billion it's worth. Wow, just doesn't add up.

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