NevGold Corp T.NAU

Primary Symbol: V.NAU Alternate Symbol(s): NAUFF

Metals & Mining Industrial Metals & Minerals

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.

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NevGold Corp > financing

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Comment by LoserLoserLoseron Dec 15, 2011 3:35pm

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Post# 19326357

RE: financing

I think 3 or 4 NOK (or 0.5 CAD) is reasonable eq. financing placement price because market conditions are worst than ever. I am asking myself why they did not eq. financing early this year when sp was 3 CAD. Now when share fell to 6 NOK is very unfair to shareholdsers to do eq. financing. So maybe we are wrong and there will be debt financing. I hope so because i dont want share price to half from here down to 3 NOK. So low NAU fell in 2008 crisis. I hope this time we have more luck. I bought another portion of shares today at low 1.03-1.04 CAD. God help us with this crazy stock.

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