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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 jaysbc44on Mar 15, 2009 8:24pm
317 Views
Post# 15845972

RE: RE: Nice additions to the Board

RE: RE: Nice additions to the Boardnot_reid, I was referring to Frode Tiegen who owns over 6 million shares of NAU-as well as Riulf Rustad who as Chairman of Zoncolon has control of over 5 million shares, they joined NAU's Board of directors on Fri.  I have to respectfully disagree with you not_reid, I'm on the long NAU bandwagon...we've got properties and Management too good to give up on.  Although, it certainly could be well over 3 years before we've hit the HOME RUN, I myself have faith we'll see the economic downturn reverse itself in the next 12 months...which it turn will see inflation as well as commodities go on another run.  With several Co's delaying projects, as well as shutting down mines due to the economic downturn, when things pick up I firmly believe Co's(NAU included) will see consumption  outstrip deposits aiding in a commodity boom once again.  I'll be holding onto most of my 140k shares of NAU until we once again go on a run.  not-reid, wondering what your reasoning is to dump NAU before August?  Wishing all longs the best, Jays.
Bullboard Posts