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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 sysaphuson Jul 12, 2011 7:27pm
170 Views
Post# 18824905

RE: I'm Lost

RE: I'm LostIf you take a look at the big picture you'll see that the world looks to be on the brink of financial collapse which means  less economic activity which means less need for commodities.

If the above is true then many of those who are, or were, currently in commodity type stocks may be pulling their money out and putting it in safe haven type investments like physical gold or gold stocks or maybe even some currencies.
This would be especially true with commodity projects that are still years away from being productive.
There is also the forex aspect to consider.

Just a few thoughts on why this may not be preforming the way you hoped it would.
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