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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 jaysbc44on Sep 28, 2010 11:43am
208 Views
Post# 17501219

Management

Management   when management delayed our DFS from July to late Summer(Sept.27) I presumed(incorrectly) they would have announced min. 1 off take from China.(otherwise whats the benefit of increasing our CapEx and OnEx at this time?)  I trust Delta_no's judgment as he has reported our DFS to be a positive.  Unfortunately, we are down 12% since it's release, Management is not doing a very good job getting the word to the investment community...as well as value for us shareholders.  I agree with Farrouk, either too few in Oslo have the interest or the knowledge to realise how significant our DFS is.  With our "friends" from Pareto blowing out our stock to the tune of -472,000 this am....and there analyst has recommended a buy with a s/p of 37 NOKS, the individual investor for PAS must be clueless.  I'm willing to wait and see what materializes in the next 5 weeks as everything should be finalised by end of Oct.  But IMHO management must 1. hire some promoters and get the word out, 2. move to list us in London.  Where hopefully more savvy investors would be able to recognize a bargain.  Unlike PAS who dump and bottom feed, only to dump again.  Management please prove to us s/h you have what it takes to get our property into production, and get us shareholders some value.  Delta-no, thanks for keeping us informed and in the know in laymans terms. 
Bullboard Posts