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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

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Post by farroukon Feb 16, 2011 10:00am
111 Views
Post# 18142300

JPM Chase

JPM ChaseAs of January 24 they held 3.6 million shares. In the last 3 weeks they have been blowing off about 1 million a week so I would expect that they have fewer than a million left to torment us with. Assuming they made between .75 and a 1 on each share and I guessing they started with about 5-6 million shares they only made 5 million profit. Not much for these guys. Barely pays for a senior traders bonus lol.
Now if they had let the stock run they could have tripled their money and made us all some cash.
Just a simple minded investors take on things
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