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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

Comment by jaysbc44on Nov 24, 2010 7:51pm
260 Views
Post# 17754280

RE: RE: What am I missing here

RE: RE: What am I missing here    Let's see what tomorrow brings, according to yesterdays NR in Oslo the price was to be set from yesterday and todays close.  $2.40.(financing at $2.37)if I'm following this correctly.  Anders mentioned in an email a while back once financing was complete he fully expects a large price increase, as new investors and funds will be backing our shares to the tune of millions.  It does appear some funds dumped today at a profit to the financing.  If today is an anomoly and we surge to 20 NOKS, all seems fine.  If we flounder at 13.5 NOKS after all our positive news in the last few months, it seems a waste.  6 months ago we were at 18.5 NOKS with big news to be announced- 13.5 seems ridiculously cheap to me, but hopefully our s/p with take off now that everythings in place.  One things for sure we have a mine.  Another things for sure we definitely don't need anymore shareholders as Frode....crossing my fingers Pareto proves me wrong and will promote our Co. and add to their position, instead of in "07 when the Pump and Dump was all too apparent.  Delta or other European investors give us Canadians of the mood over in Oslo now that we've secured the necessary funds.  TIA.  Good luck to all longs.
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