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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 delta_noon May 15, 2011 4:12pm
514 Views
Post# 18578911

Promotion of NAU to investors

Promotion of NAU to investorsjaysbc444 5/12/2011 10:16:42 PM: In my opinion the Chairman of the Board gave you a wise answer.

If you have lost confidence in the management, I suggest you should consider selling your NAU shares. And maybe you should consider not reinvesting in another iron ore junior mining company to omit getting disappointed over today's low pricing of a lot at NAU's peers - if share price development up to today, and not company status today and future share price potential, is what matters for you.

How to profile NAU above the investment community?

"Everyone" is waiting for the logistics DFS which is awaited in May. The release of the logistics DFS is considered as a major milestone and will mark a kick-off for several activities including finalization of the realization of the complete senior loan package of USDm 400. Also promotion of the company above investors and analysts will be intensified when the long awaited logistics DFS is released. The company has done major progress in their projects so far this year, and analysts and some investors will be invited to an excursion to the mine area June 7.-9., 2011.

I don't think it's obvious that a change of market place for the NAU share will benefit the share price. As mentioned of others, country boarders don't stop money from seeking favorable investments. Maybe some Swedish funds will be new shareholders if the NAU share also is traded at the Stockholm Stock Exchange because some Swedish funds are cautious investing on foreign stock exchanges. London is the large mining stock exchange in Europe. Maybe NAU one day will be traded also in London. Toronto is a big mining stock exchange. NAU formally is NAU's primary market place. If Canadians find NAU attractive, they can boost the daily traded volumes in Toronto and in practice be a leading market place for NAU in front of Oslo Stock Exchange. As far as I know NAU is of the opinion that is easier to get funded share capital issues via Oslo than via Stockholm due to access to more risk taking investors via Oslo.

Can current shareholders be ambassadors for NAU across the investment community? I think so. Can a bullboard like stockhouse.com be a medium for that? I think so. In my opinion the NAU site on stockhouse.com today isn't functioning that way. Sad to say, but in my opinion the NAU site on stockhouse.com today more looks like a whine club for the share price. Does such a sentiment attract other interested investors to NAU? Of course not. Am I describing the situation in a realistic way? If yes, should we do anything to be better ambassadors here on stockhouse.com? (Of course profiling of the company should be based on facts and realistic assumptions.)
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