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 > Let's Hope No New Equity

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Comment by farroukon Jan 25, 2012 9:00am

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Post# 19445897

RE: Let's Hope No New Equity

There will definitely be a equity component. He came right out and said it. What percentage I dont know. Im guessing half. With his strong connections to Pareto Securities you know they will at the front of the line.

I'm not looking foreward to the huge dilution and subsequent mass selling. Looks like a repeat of 2011.

I really hope I'm wrong but these donkeys keep making the same mistakes over and over. Karl seems to be a good project manager but we need to get rid of these clowns that are running the board.

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