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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 Nov 04, 2009 12:45pm
211 Views
Post# 16452361

RE: Take over???

RE: Take over???    Farrouk, in your opinion what's holding us back?  We've definitely got the goods, I'm very confident we'll raise the necessary funds to get into production, and 3/4 of our market cap is our own cash.  Crazy.  Do we need to hire more IR?  better IR?  I would have thought we'd have several JV by now drilling our other properties, I realise we need more NEWS, but this is riduculous.  Other stocks have rebounded by 10 fold we struggle to maintain our cash position.  I'm sure in 6-12 months there'll be a lot of investors kicking themselves for missing out....but for the life of me I don't understand our s/p.KGN, one of my other stocks had target price of $2.50, it hit then was raised to $5.00, when that was realised it now was revamped to $7.50, it currently is trading at $6.00.  I'd think with 2 anaylsts targeting our s/p between $2.83- $7.00 we'd be off and running....GO Figure.  Definitely a head scratcher IMO.  Best of luck, Jays
Bullboard Posts