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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
Post by delta_noon Sep 17, 2009 6:16am
329 Views
Post# 16313754

Thanks, Jays!

Thanks, Jays!

Thanks, Jays!

I left the share after the 1st PEA because it disappointed me a lot compared to hints I perceived the management had signalled in front of the PEA, especially estimates of Operating Expenses far above expectations. Now the company is reshaped for some good reasons.  Less CapEx (means less to finance), lower degree of value added products (pellet feed instead of pellets), less planned annual volume. But potential long term share price increase (now from NOK 5,-)  is excellent. Now I suppose they have in house competence to develop the company to a profitable iron ore producer.

Thanks, Jays, for updating readers with some relevant information about ongoing activities in the company.


As far as I know Stockhouse is the only English language based bullboard forum with postings about Northland. Maybe there are some readers outside Scandinavia and Canada here which also could have interest in reading and/or writing about Northland. If so, it might be an idea speeding up the number of informative posting here? I know there are some Swedes writing on Scandinavian bullboards with insight in the mining industry in Sweden and about Northland relevant facts. Maybe some of them could participate on Stochhouse and contribute to profile Northland in an unbiased way?

Bullboard Posts

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