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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 Nov 19, 2010 10:09am
317 Views
Post# 17729152

Wake Up People

Wake Up PeopleManagement has just provided you with the Golden Egg.  If i remember correctly from Karl-Axel's presentation last week iron ore spot in Sept. was trading at $138./ton(plus our $42.00 premium- 69% high grade as poosed to 62%) Do the math 5 million tons @ $180.00/ton is sales of 900 million dollars...and it's ALL sold.  Even with an equity issue of 100 million shares we'll have 211 million shares outstanding...and sales of 900 million dollars.  And that's without facturing in Hannukainen.  With our partners who are world class it's a NO BRAINER.  Investors here in Canada are making some of Pareto's customers look like geniuses.  Secured financing, and sold 3 million tons of iron ore this am...and we are even for the day???Wow, put down the jack and coke and figure it out.  This is your 6/49.
Bullboard Posts