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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 May 15, 2011 11:07pm
242 Views
Post# 18579918

RE: Promotion of NAU to investors

RE: Promotion of NAU to investors    Delta, I respectfully disagree with you.  As a long time shareholder, I believe I have the option to disagree with the way management is handling/promoting/ treating us shareholders.When management ignores shareholders concerns, stating the same as what you are suggesting...sell your shares.  I for the life of me can't under management decision to ignore the PDAC in Toronto.  Could this have attracted a few more potential investors here, IMO yes. Managements decision to stick to their decision not to go to a more attractive exchange, is crazy. Much as sticking with Pareto as your lead broker.  Anders IMO is too closely aligned with PAS, being employed by them in the past. Is his allegance to us shareholders or his old buddies/collegues in Pareto? I'm not too sure Delta if you were a shareholder back in '07 when Pareto financed us with 120 million dollars, I was.  I paid rather close attention to the trading patterns in Oslo.  Care to guess Delta, who led the way everytime halting our momentum??? It was Pareto...although their analyst came out with a strong buy of 88 NOKs, each time we gained momentum..it was indeed PAS who continued to dump and halt our ability for our s/p to appreciate.  Delta you've been a shareholder long enough to remember a shareholder named Frode Teigen who Anders personally named in several emails, as the reason our s/p couldn't appreciate.  This was via Pareto...once again management had no answer to a blatant dumping of our shares.  Although management is doing some fantastic things technically, they are doing a very poor job IMO getting us noticed and our s/p to where we all(you included) thought we'd be.  You mentioned after our recent financing we'll have several triggers in near future which which will see our shareprice head north.  I believe you personally pegged our s/p to ne north of 22 NOKS by now?  We with the help of the OsloBors are at 15.3 NOKS,.  You expect Toronto to be a leader heading our s/p north???Delta, Oslo closes before Toronto opens., How is it you expect us(TSX shareholders)to lead the way?  Do you remember last March, the Bors was closed we here in Canada got our s/p to $3.60. only to have the donkeys from Oslo, dump our s/p back to what Oslo investors thought we were worth $3. range. Delta I'm sure you read Farrouks post comparing NAU/NAUR to several other iron ore co.'s these Co's have all more than doubled...while NAU with the help of management/ and your wisdom of sell your shares, have lost 15%.  Obviously, some shareholders took you and Anders advice of selling.  All this with our Co. moving closer to production, and iron ore at historic highs.  So Delta, I appreciate your ability to breakdown our Co.'s with evaluations...I don't appreciate you or our CEO to tell a long time shareholder to dump your shares.  Possibly if Anders, Karl Axel etc checked their egos and admitted they've done a poor job getting our story out...instead of telling shareholders who see potential(not realised yet) to dump their shares.  Ignoring Canadian investors, while kissing the dumpers of PAS, NON, DNM, GSI, etc, is not prudent IMO. Wishing you the best, I and the rest of us investors will use our own judgment instead of your advice to sell if you don't like the way management is handling our Co. Management should treat all shareholders equally and distribute equal, time effort, and resources equally...not just the tune to Europian investors.
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