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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 Sep 11, 2011 11:37am
154 Views
Post# 19030491

Any Ideas

Any IdeasWhy did we drop 10% on Friday when good news was released?
The stock is trading at 2X cash and the market has given a value of $300 million to all our projects. 
The Norwegians can't sell fast enough as they fret about every minor detail.This defies all logic and I have all but given up on this stock and managements ability to turn this sinking ship around.Hopefully we will be taken out by a major and at least recoup some of the money that has been drained from us over the past 5 years as we have slid from $5 down to $1.60.
I wouldn't be surprised if management tries to reprice their worthless options at the next annual meeting. How will you be voting on that one????
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